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Ex 9.03 Journalize the following transactions in the sales journal or general journal for Moss Company. Record in the accounts receivable subsidiary ledger and post
Ex 9.03
Journalize the following transactions in the sales journal or general journal for Moss Company. Record in the accounts receivable subsidiary ledger and post to general ledger accounts as appropriate. Use the same journal headings that we used for Arts Clothing Company. (All sales carry credit terms of 2/10, n/30.)
2015 May
1 Sold merchandise on account to Jane Company, invoice No. 1, $600.
4 Sold merchandise on account to Ralph Company, invoice No. 2, $2,500.
18 Issued credit memo No. 1 to Jane Company for $200 for defective merchandise returned.
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