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Help Save & Exit Submit 4 Check my work Spindle Company uses a Sales Journal, a Purchases Journal, a Cash Receipts Journal, a Cash Disbursements
Help Save & Exit Submit 4 Check my work Spindle Company uses a Sales Journal, a Purchases Journal, a Cash Receipts Journal, a Cash Disbursements Journal, and a General Journal. The following transactions occurred during the month of February 2020 10 points Feb. 2 Sold merchandise to S. Mayer for $450 cash, invoice 35703. Cost, 5.200. 5 Purchased merchandise on credit from Cap Corp., 52,00 7 Sold merchandise to 3. Eason for $1,150, teras 2/10, 1/30, Invoice 15704. Cost, $700. 8 Borrowed $8,000 by giving a note to the bank. 12 Sold merchandise to P. Lathan for $320, teras/30, Involce 5705. Cost, $170. 16 Received $1,127 from 3. Eason to pay for the purchase of February 7. 19 Sold used store equipment to whiten Inc. for $900 cash. 25 Sold merchandise to S. Sunners for $550, terms w/30, Invoice w5706. Cost, $300 eBook Mint Print References Required: Journalize the February transactions that should be recorded in the Sales Journal, assuming the perpetual inventory system (Enter the transactions in the order provided in the question.) SPINDLE COMPANY Sales Journal Date Account Debited Invoice Number Accounts Receivable Dr. Sales ar COGS DE Merch Inventory
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