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help please mputers assuming the company uses the perpetual inventory system. (Record debits first, then credits. Se, 0 to Sentinal Auto Store, terms 1/15,n/45. The
help please
mputers assuming the company uses the perpetual inventory system. (Record debits first, then credits. Se, 0 to Sentinal Auto Store, terms 1/15,n/45. The cost of the computers is $6,360. sale portion of the transaction. Do not record the expense related to the sale. We will do that in the following More info to the July 5 sale. 8. Queue Computers has the following transactions in July related to the sale of merchandise inventory. Click the icon to view the transactions.) Journalize the sales transactions for Queue Computers assuming the company uses the perpetual inventory system. (Record debits first, ts records sales at the net amount.) Jul. 3. Sold computers on account for $10,600 to Sentinal Auto Store, terms 1/15,n/45. The cost of the computers is $6,360. Begin by preparing the entry to journalize the sale portion of the transaction. Do not record the expense related to the sale. We will do that in Now joumalize the expense related to the July 3 sale. Jul 5: Soid two computers for $3,000 to A Hickory. The cost of the computers is $1,800. Hickory paid cash. Begin by preparing the entry to journalize the sale portion of the transaction. Do not record the expense related to the sale. We will do that in the Now journalire the expense related to the July 5 sale: Queue Computers has the following transactions in July related to the sale of merchandise inventory. Click the icon to view the transactions.) Journalize the sales transactions for Queue Computers assuming the company uses the perpetual inventory system. (Record debits first, then cre records sales at the net amount.) Now journalize the expense related to the July 5 sale. Jul. 12: Received full payment from Sentinal Auto Store on the balance due. Jul. 15: Hickory returned one computer from the July 5 sale. The computer sold for $1,500 and the cost was $900. Queue Computers issued a refund Begin ty recording the refund to the customer. Do not record the return of the merchandise inventory yet. We will do that in the following step Step by Step Solution
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