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Chapter 7-Exercises Saved Help Save & Exit Submit Check my work 2 Wilcox Electronics uses a sales ournal, purchases ourna cash receipts ourna cash payments
Chapter 7-Exercises Saved Help Save & Exit Submit Check my work 2 Wilcox Electronics uses a sales ournal, purchases ourna cash receipts ourna cash payments ournal and genera jou ma identif the journal in which each transaction should be recorded 2 points Transaction Journal Sales journal Purchases journal Sales journal a. Sold a machine (nonmerchandise) on credit b. Purchased shop supplies on credit c. Sold merchandise on credit d. Purchased merchandise for cash e. Sold a building (nonmerchandise) on credit f. Purchased store supplies on credit g. Sold merchandise for cash h. Paid cash for office supplies eBook Print Check my work 3 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 $2,800 of merchandise on credit from Roman Corp 9 Sold merchandise costing $870 to R. Allen for $1,450, terms n/10, Invoice No. 2080. 12 Sold merchandise costing $540 tJ. Meyer for $900 cash, Invoice No. 2081. 19 Received $1,450 cash from R. Allen to pay for the purchase of June 9 27 Sold merchandise costing $700 to B. Kraft for $1,000, terms n/10, Invoice No.2082. points eBook Print References SALES JOURNAL Accounts Invoice Number Receivable Dr. Sales Cost of Goods Sold Date Account Debited Cr June 05 June 09 June 12 June 19 June 27
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