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I can't figure out what I am missing. Everything shown in the picture is correct, but it says the answer is not complete. Transaction, May
I can't figure out what I am missing. Everything shown in the picture is correct, but it says the answer is not complete. Transaction, May 1st: Sold merchandise costing $100 to M. Brogdon for $120 cash, invoice No. 1301. Transaction, May 9th: Borrowed $3,000 cash by signing a note payable to Synchrony Bank. Transaction, May 15th: Received $392 cash from G. Anteto to pay for the purchase of May 6. Tableau DA 7-2: Exercise, Preparing a cash receipts journal Prepare a cash receipts Journal for Cream City Journalize the May transactions that should be recorded in the cash receipts journal GASH RECENTS JOURNAL Sales Accounts Discount Dr. Recevable. Account Credited Sales C Other Account C Cost of Goods Sold Dr. Inventory 120 100 May 1 May 9 May 15 Sales Notes Payable G Anteto Cash sale Note to bank involce, 5/6 3,000 392 Total 512 0 0 0 3.000 100
Transaction, May 1st: Sold merchandise costing $100 to M. Brogdon for $120 cash, invoice No. 1301.
Transaction, May 9th: Borrowed $3,000 cash by signing a note payable to Synchrony Bank.
Transaction, May 15th: Received $392 cash from G. Anteto to pay for the purchase of May 6.
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