The following sale related transactions for Beautiful Decor, Inc., occurred during the month of April. Requirement 1.
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The following sale related transactions for Beautiful Decor, Inc., occurred during the month of April.
Requirement 1. Journalize the transactions for Beautiful Decor, Inc. Omit explanations.
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Apr 3 Sold $3,600 (cost $1,700) of merchandise on account to A. Klecans. 4 Terms, 3/15, n/45, FOB destination. Paid $75 to ship the goods sold on April 3 to A. Klecans. 10 Sold $2,700 (cost $1,200) of merchandise to cash customers. 17 Received payment in full from A. Klecans for the April 3 sale. 22 Sold $5,100 (cost $2,500) of merchandise to M. Perez. Terms, 2/10, n/30, FOB shipping point. 26 Granted M. Perez a $200 allowance on the April 22 sale due to minor defects in the goods shipped. 30 Received payment in full from M. Perez for the April 22 sale.
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