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2) Fruit & Company sells fruit in large quantities on account, uses a perpetual inventory system and a sales journal. Standard terms of sale are
2) Fruit & Company sells fruit in large quantities on account, uses a perpetual inventory system and a sales journal. Standard terms of sale are 2/10, n/30. Record the following transactions for the month of April, 2022 in the journal provided. Total the columns for the month. Transactions: April 2Sold $300 of Apples and $500 of Oranges to ABC Company, cost $640. April 5Sold $400 of Apples, $600 of Bananas plus $700 of Oranges to WMS Company, cost $1,445. April 10Sold $200 of Apples plus $800 of Bananasto XYZ Company, cost $790. April 14Sold $350 of Apples, $450 of Bananas plus $300 of Oranges to WMS Company, cost $935. April 21Sold $150 of Apples and $750 of Oranges to ABC Company, cost $788. April 23Sold $600 of Bananas plus $700 of Oranges to XYZ Company, cost $1105. April 28Sold $800 of Apples, $500 of Bananas plus $900 of Oranges to WMS Company, cost $1,870
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