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(10 POINTS) disbursements journal, and general journal. They use the perpetual transactions occurred during the current month of December: purchases journal, cash receipts journal, cash
(10 POINTS) disbursements journal, and general journal. They use the perpetual transactions occurred during the current month of December: purchases journal, cash receipts journal, cash Dec 4 Sold merchandise on credit for $3,300 to the A&B Co, Invoice No. 313. The cost of the goods sold is $2,145. 8 Purchased merchandise on credit for $1,8300 from the Dexter Co., terms Invoice dated December 8 Sold merchandise for S500 cash to RAC Corp., invoice 314, The cost of the good sold is $320 10 13 Collected $3,300 cash from the A& B Co. for merchandise sold on December 4 17 Paid amount owed to Dexter Co.from December 8 purchase, Check No. 1011. 24 Sold merchandise on credit for $4,500 to Dunn Corp, Invoice No. 315. The cost of goods sold is $2.925 27 Paid $400 cash for monthly rent to Dayton Properties, Check No. 1012. 31 Purchased equipment for $3,055 from Fort Corp, Check No. 1013. Sales Journal Accounts Receivable Dr. Cost of Goods Sold Dr Invoice Account Debited Number PR Sales C Date Inventory Cr Purchases Journal Page 20 Office Other Accounts Payable Inventory Supplie Accounts Date of Date AccountInvoice Terms PR Cr Dr. s Dr Dr Cash Receipts Journal Page 17 Other Cost of Accounts Goods Sold Sales Accounts Cash Discount Receivable Date Credited ExplanationPRDDr Cr. Sales Cr. Cr Dr. Cr Page 22 Cash Disbursements Journal Inventory Accounts Payable Ck Date No. Pa Account Debited PR Cash Cr. Cr Dr. Dr
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