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1000 points During the months of January and February, Solitare Corporation sold goods to three customers. The sequence of events was as follows: Jan. 6
1000 points During the months of January and February, Solitare Corporation sold goods to three customers. The sequence of events was as follows: Jan. 6 Sold goods for $550 to Wizard Inc. with terms 2/10, n/30. The goods cost Solitare $165 6 Sold goods to Spyder Corp. for $270 with terms 2/10, n/30. The goods cost Solitare $155 14 Collected cash due from Wizard Inc. Feb. 2 Collected cash due from Spyder Corp. 28 Sold goods for $240 to Bridges with terms 2/10, n/45. The goods cost Solitare $125 Required: Prepare journal entries to record the transactions, assuming Solitare uses a perpetual inventory system. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list View journal entry worksheet
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