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How do I journalize this transactions? II. The following transactions were completed by La Grama Verde Company during the month of April. April April2. Sold
How do I journalize this transactions? II. The following transactions were completed by La Grama Verde Company during the month of April. April April2. Sold merchandise on credit to Macondo Co., $ 12,800, with terms FOB destination, 2/10, n/30. The cost of the merchandise sold was $ 7,300. April April3. Sold cash merchandise to customers for $5,000 plus 7% sales tax. The cost of the merchandise sold was $3,000. April April4. Purchased merchandise on credit from Acme Co., $ 10,500, FOB destination terms, 2/10, n/30, with a prepayment of transportation costs of $ 300 added to the invoice. April April 12. You received a check for the amount the Macondo Co. owed on the sale made on April 2. Abril14. Sold merchandise on credit to Wilson Co., $ 12,000, with FOB shipping point terms, 1/10, n/30. The cost of the merchandise sold was $ 7,200. April 15. Issued $ 3,000 credit memo to Wilson Co. for returned merchandise from April 14 sale. The cost of the returned merchandise was $ 1,800. April 15. Paid the bill with Acme Co. for purchases on April 4. April 17. Sold merchandise on credit to ABC Co., $4,200, with terms 1/10, n/30. The cost of the merchandise sold was $ 1,850. April 26. Received a check from Wilson for the amount owed for the sale on April 14, 30. Paid Banco Popular for service charges for handling Visa credit card sales during the month of April, April 30. Paid $ 3,100 to the tax division of the Department of the Treasury for the taxes owed to it for the sales of February, March and April April 30 Purchased merchandise on credit from Alpha Co. terms 1/10, n/30 for $2,000. April 30 Sold merchandise on credit to ATM Co. For $ 10,300, The cost of merchandise sold was $ 4,350. April 30 Issued a credit memo to ATM for a return of defective merchandise for $ 1,100. The cost of the merchandise sold was $ 600
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