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Finer Company uses a sales journal, purchases journal, cash receipts journal, cash payments journal, and general journal. Journalize the following transactions that should be recorded
Finer 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.
Transactions just in sales journal
Finer Company uses a sales journal, purchases journal, cash receipts journal, cash payments journal, and general journal. May 2 sold merchandise costing $430 to B. Facer for $645 cash, invoice number $703. May 5 Purchased $2,250 of merchandise on credit fron Marchant Corporation. May 7 Sold nerchandise costing $1,161 to 3 . Dryer for $1,683, terns 3/10,n/30, invoice number 5704 , May 8 Borrowed $8,000 cash by signing a note payable to the bank. May 12 Sold nerchandise costing $290 to R. Lanb for $464, terms n/30, invoice nunber 5705 . May 16 Peceived $1,633 cash fron 3 . Oryer to pay for the purchase of May 7 . May 19 sold used store equipnent (noninventory) for $900 cash to Golf, Incorporated. May 25 sold merchandise costing $489 to T. Taylor for $754, terms n/33, invoice nunber 5706 . Journalize the following transactions that should be recorded in the sales journal Step by Step Solution
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