Question
Current Attempt in Progress Pharoah Company uses special journals and a general journal. The following transactions occurred during September 2022. Sept. 2 Sold merchandise
Current Attempt in Progress Pharoah Company uses special journals and a general journal. The following transactions occurred during September 2022. Sept. 2 Sold merchandise on account to H. Drew, invoice no. 101, $725, terms n/30. The cost of the merchandise sold was $405. (a) 10 Purchased merchandise on account from A. Pagan $645, terms 2/10, n/30. 12 21 25 22 27 Purchased office equipment on account from R. Cairo $6,900. Sold merchandise on account to G. Holliday, invoice no. 102 for $835, terms 2/10, n/30. The cost of the merchandise sold was $525. Purchased merchandise on account from D. Downs $820, terms n/30. Sold merchandise to S. Miller for $705 cash. The cost of the merchandise sold was $380. that should be journalized. (Record entries in the order presented (a) Prepare a sales journal and record the transactions for September that should be journalized. (Record entries in the order presented in the problem statement.) PHAROAH COMPANY Sales Journal S1 Account Invoice Accounts Receivable Dr. Cost of Goods Sold Dr. Date Debited No. Ref. Sales Revenue Cr. Inventory Cr 2022
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