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Caesar Company uses a sales journal, purchases journal, cash receipts journal, cash payments journal, and general journal. Journalize the following transactions that should be recorded
Caesar Company uses a sales journal, purchases journal, cash receipts journal, cash payments journal, and general journal. Journalize the following transactions that should be recorded in the sales journal. June 5 Purchased $3,600 of merchandise on credit from Roman Corporation June 9 Sold merchandise costing $1,170 to R. Allen for $1,950, terms n/10, Invoice Number 2080. June 12 Sold merchandise costing $660 to J. Meyer for $1,100 cash, Invoice Number 2081. June 19 Received $1,950 cash from R. Allen to pay for the June 9 purchase. June 27 Sold merchandise costing $840 to B. Kraft for $1,200, terms n/10, Invoice Number 2082. SALES JOURNAL Date Account Debited Invoice Number Accounts Receivable Debit Sales Credit Cost of Goods Sold Debit Inventory Credit
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