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1. The following selected transactions were competed by the Adams Company: Sept 16 Sold merchandise on account to the Foster Company, RM3,742. Sold merchandise on

1. The following selected transactions were competed by the Adams Company:

Sept 16 Sold merchandise on account to the Foster Company, RM3,742.

  1. Sold merchandise on account to the King Company, RM8,950.
  2. Sold merchandise on account to Zimmer Company, RM173.
  3. King Company returned RM982 of merchandise relating to Sept 20 sales transaction.

Record the transactions in either the sales journal or the general journal, as appropriate.

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