7 part journa entry worksheet, see transaction list pic

QS 4-8 Recording sales, returns, and discounts taken LO P2 Prepare journal entries to record each of the following sales transactions of a merchandising company. The company uses a perpetual Inventory system and the gross method. 1 5old merchandise for $4,20e, with credit terns n/30; invoice dated April 1. The cost of the merchandise is $2.520. 4 The custoner in the April 1 sale returned $5ee of nerchandise for full credit. The merchandise, which had cost $3ee, 1s returned to inventory. 8 sold merchandise for $1,600, with credit terms of 1/10, n/30; invoice dated April 8. Cost of the merchandi1se is $1,12e. Apr. Apr. Apr. Apr. 11 Received payment for the anount due from the April 1 sale less the return on April 4. View transaction list Journal entry worksheet 1 2 3 5 6 7 Sold merchandise for $4,200, with credit terms n/30. Note: Enter debits before credits Date General Journal Debit Credit Apr 01 Record entry Clear entry View general joumal S 4-8 Recording sales, returns, and discounts taken LO P2 Prepare Journal entries to record each of the following sales transactlons of a merchandising c Inventory system and the gross method 1 Sold merchandise for $4, 200, with credit terms n/30; invoice dated April 1. The cost 4 The customer in the April 1 sale returned $5ee of merchandise for full credit. The m returned to inventory. 8 Sold merchandise for $1,6e0, with credit terms of 1/10, n/30; invoice dated April 8. Apr. Apr. Apr. Apr. 11 Received payment for the anount due from the April 1 sale less the return on April 4 View transaction list Journal entry worksheet 2 3 5 6 7 1 Sold merchandise for $4,200, with credit terms n/30. Note: Enter debits before credits. General Journal Debit Credit Date Apr 01 View general journal Record entry Clear entry nventory system and the gross method. 1 Sold merchandise for $4,28e, with credit terms n/30; invoice dat Apr. Apr. 4 The customer in the April 1 sale returned $5ee of merchandise fo returned to inventory. 8 sold merchandise for $1,600, with credit terms of 1/10, n/30; in Apr. Apr. 11 Received payment for the amount due from the April 1 sale less t View transaction list Import a new list Sold merchandise for $4,200, with credit terms n/30. 1 2 The cost of the merchandise is $2,520. The customer in the April 1 sale returned $500 of merchandise for full credit. 3 The merchandise, which had cost $300, is returned to inventory. Cr Sold merchandise for $1,600, with credit terms of 1/10, n/30. 5 Cost of the merchandise is $1,120. 6 journal entry has been entered Note: View ge Clear entry Record entry 1 Sold merchandise for 4 The customer in the April 1 sale returned $500 of merchandise returned to inventory. Apr. Apr. Apr. 8 Sold merchandise for $1,600, with credit terms of 1/10, n/30; . 11 Received payment for the amount due from the April 1 sale less Apr. View transaction list Import a new list 2 The cost of the merchandise is $2,520. The customer in the April 1 sale returned $500 of merchandise for full credit. 3 The merchandise, which had cost $300, is returned to inventory. Sold merchandise for $1,epo, with credit terms of 1/10, 5 n/30. Cost of the merchandise is $1,120. 6 Received payment for the amount due from the April 1 April 4 7 sale less the return on journal entry has been entered Note: View Clear entry Record entry repare Journal entries to record each of the following sales transactions of a merchandisingc ventory system and the gross method. pr. 1 Sold merchandise for $4,200, with credit terms n/30; invoice dated April 1. The cost pr. 4 The customer in the April 1 sale returned $500 of merchandise for full credit. The returned to inventory. pr. 8 Sold nerchandise for $1,6e0, with credit terms of 1/10, n/30; invoice dated April 8. Apr. 11 Received payment for the amount due from the April 1 sale less the return on April 4. View transaction list Journal entry worksheet 1 2 3 4 6 7 The cost of the merchandise is $2,520. Note: Enter debits before credits. General Jounal Debit Credit Date Apr 01 Record entry Clear entry View general joumal 8 Recording sales, returns, and discounts taken LO P2 e journal entries to record each of the following sales transactions of a merchandising pry system and the gross method 1 Sold merchandise for $4, 200, with credit terms n/30; invoice dated Aprril 1. The cos 4 The customer in the April 1 sale returned $5ee of merchandise for full credit. The returned to inventory. 8 Sold merchandise for $1,6e0, with credit terms of 1/10, n/30; invoice dated April a 11 Received payment for the amount due from the April 1 sale less the return on April sew transaction list Journal entry worksheet 7 4 2 1 The customer in the April 1 sale returned $500 of merchandise for full credit. Note: Enter debits before credits. Credit Debit General Journal Date Apr 04 View general journal Record entry Clear entry LO QS 4-8 Recording sales, returns, and discounts taken LO P2 Prepare lournal entries to record each of the following sales transactions of a merchandistng Inventory system and the gross method. 1 Sold merchandise for $4,200, with credit terms n/30; invoice dated April 1, The cost 4 The customer in the April 1 sale returned $5e0 of merchandise for full credit. The n returned to inventory. Apr. Apr Apr. 8 Sold merchandise for $1,6ee, with credit terms of 1/10, n/30; invoice dated April 8. Apr. 11 Received payment for the amount due from the April 1 sale less the return on April 4 View transaction list Journal entry worksheet 6 5 3 2 The merchandise, which had cost $300, is returned to inventory. Note: Enter debits before credits. Debit Credit General Journal Date Apr 04 View general journal Record entry Clear entry QS 4-8 Recording sales, returns, and discounts taken LO P2 Prepare journal entries to record each of the followling sales transactions of a merchandising Inventory system and the gross method. 1 Sold merchandise for $4,200, with credit terms n/30; invoice dated April 1. The co 4 The customer in the April 1 sale returned $5e0 of merchandise for full credit. The returned to inventory. S sold merchandise for $1,600, with credit terms of 1/10, n/30; invoice dated April Apr. Apr. Apr. Apr. 11 Received payment for the amount due from the April 1 sale less the return on April View transaction list Journal entry worksheet 6 4 3 1 2 Sold merchandise for $1,600, with credit terms of 1/10, n/30. Note: Enter debits before credits. Credit Debit Date General Journal Apr 08 View general jounal Record entry Clear entry wt S 4-8 Recording sales, returns, and discounts taken LO P2 repare journal entries to record each of the following sales transactions of a merchandisin nventory system and the gross method 1 sold merchandise for $4, 200, with credit terms n/30; invoice dated April 1. The c pr. 4 The customer in the April 1 sale returned $see of merchandise for full credit. Th apr. returned to inventory. s sold merchandise for $1,6ee, with credit terms of 1/10, n/30; invoice dated April Apr Apr. 11 Received payment for the anount due from the April 1 sale less the return on Apr View transaction list Journal entry worksheet 2 3 4 5 7 1 Cost of the merchandise is $1,120. Note: Enter debits before credits. Date General Journal Debit Credit Apr 08 Record entry Clear entry View general journal ters 1-4 Time Limit 180 minutes QS 4-8 Recording sales, returns, and discounts taken LO P2 Prepare journal entries to record each of the following sales transactions of a merchandising co Inventory system and the gross method i sold merchandise for $4,200, with credit terms n/30; invoice dated April 1. The cost Apr. 4 The customer in the April 1 sale returned $see of merchandise for full credit, The me returned to inventory. s Sold nerchandise for $1,6ee, with credit terms of 1/10, n/38; invoice dated April 8. Apr Apr Apr. 11 Received payment for the anount due from the April 1 sale less the return on April 4. View transaction list Journal entry worksheet 6 5 3 4 1 2 Received payment for the amount due from the April 1 sale less the return on April 4 Note: Enter debits before credits Credit Date General Journal Debit Apr 11 Record entry Clear entry View general journal