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Exercise 7-6 (Part Level Submission) Gomes Company uses special journals and a general journal. The following transactions occurred during September 2017. Sept. 2 Sold merchandise
Exercise 7-6 (Part Level Submission)
Gomes Company uses special journals and a general journal. The following transactions occurred during September 2017.
Sept. 2 | Sold merchandise on account to H. Drew, invoice no. 101, $715, terms n/30. The cost of the merchandise sold was $390. | |
10 | Purchased merchandise on account from A. Pagan $650, terms 2/10, n/30. | |
12 | Purchased office equipment on account from R. Cairo $6,300. | |
21 | Sold merchandise on account to G. Holliday, invoice no. 102 for $750, terms 2/10, n/30. The cost of the merchandise sold was $440. | |
25 | Purchased merchandise on account from D. Downs $835, terms n/30. | |
27 | Sold merchandise to S. Miller for $670 cash. The cost of the merchandise sold was $440. |
Sept. 2 Sold merchandise on account to H. Drew, invoice no. 101, $715, terms n/30. The cost of the merchandise sold was $390 10 Purchased merchandise on account from A. Pagan $650, terms 2/10, n/30. 12 Purchased office equipment on account from R. Cairo $6,300 21 Sold merchandise on account to G. Holliday, invoice no. 102 for $750, terms 2/10, n/30. The cost of the merchandise sold was $440 25 Purchased merchandise on account from D. Downs $835, terms n/30. 27Sold merchandise to S. Miller for $670 cash. The cost of the merchandise sold was $440. (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.) GOMES COMPANY Sales Journal S1 Account Invoice Debited Accounts Receivable Dr. Cost of Goods Sold Dr Date No. Ref. Sales Revenue Cr Inventory Cr 2017 LINK TO TEXT VIDEO: SIMILAR EXERCISE
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