Journalizing credit sales in a sales journal Refer to the transactions in QS 11-1. Show how these
Question:
Journalizing credit sales in a sales journal Refer to the transactions in QS 11-1. Show how these transactions would be entered in a sales journal.
(Use Exhibit 11.6 as a guide.)
QS 11-1:
Journalizing credit sales Show the general journal entries for the following sale transactions for Martindale Company from June 2009. Sales tax equals 8% of sales price.
June
2 Sold merchandise on credit to A. Fullmer, \($3,300\) plus tax.
9 Sold merchandise on credit to B. Olson, \($2,600\) plus tax.
13. Sold merchandise on credit to P. Bleak, \($1,200\) plus tax.
27 Sold merchandise on credit to B. Taysom, \($4,100\) plus tax.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
College Accounting Ch 1-14
ISBN: 9781260904314
1st Edition
Authors: John Wild, Vernon Richardson, Ken Shaw
Question Posted: