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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
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 $4,600 of merchandise on credit from Roman Corp. 9 Sold merchandise costing $1,545 to R. Allen for $2,575, teres n/10, Invoice No. 2000. 12 Sold merchandise costing $810 to 3. Meyer for $1,350 cash, Invoice No. 2081. 19 Received $2,575 cash from R. Allen to pay for the purchase of June 9. 27 Sold merchandise costing $1,015 to B. Kraft for $1,450, teres n/10, Invoice No. 2082. SALES JOURNAL Date Account Debited Invoice Number Accounts Receivable Dr. Sales Cr. Cost of Goods Sold Dr. Inventory Cr.
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