Question
4 Problem 4: Give journal entries for the following transactions in the books of Jerry We Ca (25 Points) 1. Jan 10: Jerry purchased goods
4 Problem 4: Give journal entries for the following transactions in the books of Jerry We Ca (25 Points) 1. Jan 10: Jerry purchased goods worth $ 15,000, terms, 1/10, n/30 from Terry Fins 2. Jan 12: Jerry returned goods worth $3,000 to Terry. 3. Jan 15: Jerry paid the outstanding amount due to Terry. 4. Jan16: Jerry sold goods costing $15,000 to Sahil for $20,000, terms 2/10, a/30 5. Jan 21: Sahil returned goods worth $3,000 to Jerry (Ignore the cost of these goods) 6. Jan 22: Jerry received cash for the remaining merchandise sold to Sahil. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). TTTT Paragraph Arial 3 (12pt) EET T 111 T T
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