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Current Attempt in Progress Presented here are selected transactions for the Pharoah Company during April. Pharoah uses the perpetual inventory system. April 1 Sold
Current Attempt in Progress Presented here are selected transactions for the Pharoah Company during April. Pharoah uses the perpetual inventory system. April 1 Sold merchandise to Mann Company for $5,700, terms 2/10, n/30. The merchandise sold had a cost of $2,500. 2 Purchased merchandise from Wild Corporation for $7,600, terms 1/10, n/30. 4 Purchased merchandise from Ryan Company for $900, n/30 10 Received payment from Mann Company for purchase of April 1 less appropriate discount. 11 Paid Wild Corporation for April 2 purchase. Journalize the April transactions for Pharoah Company. (Credit account titles are automatically indented when the amount is entered. Do not Indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit
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