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2) Office Supplies, Inc. uses a perpetual inventory system. Journalize the following sales transactions for this company. Explanations are not required. () July 3: Sold
2) Office Supplies, Inc. uses a perpetual inventory system. Journalize the following sales transactions for this company. Explanations are not required. ()
July 3: Sold $15,400 of merchandise on account, credit terms are n/30. Cost of goods is $9,300.
July 7: Received a $750 sales return from the customer. Cost of the goods is $435.
July 20: Received payment from the customer.
Answer:
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