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Hidson Inc. is a small retailer. The following is a list of sales transactions for the month of April Apr 2 Apr 5 Apr 10
Hidson Inc. is a small retailer. The following is a list of sales transactions for the month of April Apr 2 Apr 5 Apr 10 Apr 12 Made a sale on account (Invoice #5703) to B. Fager for $450 (cost $300) Made a sale on account (Invoice #5704) to J. Dryer for $1,150 (cost 5900) Made a sale on account (Invoice #5705) to T. Burton for $550 (cost $450) Made a sale on account Invoice #5706) to JB Inc. for $670 (cost $500) Record these transactions in the sales journal. Assume all amounts are posted. Show posting references for customer accounts and for column totals. Accounts Receivable Chapter 9 110 Inventory 120 Sales Revenue 400 Cost of Goods Sold 500 Accounting Information Systems Sales Journal Page 3 Accounts Receivable/ COGS/Merchandise PR Sales (DR/CR) Inventory (DR/CR) Date Account Invoice AP-4A LO E 401
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