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8. Hampton Computers has the following transactions in June related to the sale of merchandise inventory (Click the icon to view the transactions.) Journalize the
8. Hampton Computers has the following transactions in June related to the sale of merchandise inventory (Click the icon to view the transactions.) Journalize the sales transactions for Hampton Computers assuming the company uses the perpetual inventory system (Record debits first, then credits. Select the explanation on the last line of the journal entry lable) Jun. 12: Sold computers on account for $9,500 to a customer, terms 2/15, n/60. The cost of the computers is $5,700 Begin by preparing the entry to journalize the sale portion of the transaction. Do not record the expense related to the sale. We will do that in the following step. Date Jun. 12 Accounts Debit Choose from any list or enter any number in the input fields and then click Check Answer Credit More Info June 12 Sold computers on account for $9,500 to a customer, Serms 2/15, n/60 The cost of the computers is $5.700 21 Accepted a $4,500 return from a customer from June 12. The computer returned had a cost of $2,700 26 Received payment from the customer on balance due Print Done
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