Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

i need help with dec 19 transaction it keeps telling me answers are wrong thank you X LJ-ZUL (SIIDI IU) More Info - X Pastel

i need help with dec 19 transaction it keeps telling me answers are wrong

thank you

image text in transcribed

X LJ-ZUL (SIIDI IU) More Info - X Pastel Interiors reported the following transactions in December: (Click on the icon to view the transactions.) Read the requirements. Journal Entry Dec 2 10 11 15 19 Sold merchandise on account to Tony Baldwin, $1,100, terms 3/10, n/30. Sold merchandise on account to Bruce Oswald, $2,000, terms 3/10, n/30. Collected payment from Baldwin for the December 2 sale. Oswald returned $1,000 of the merchandise purchased on December 10. Collected payment from Oswald for the balance of the December 10 sale. Date Accounts Debit Credit Dec 15 1,000 Sales Refunds Payable Accounts ReceivableB. Oswald 1,000 Print Done Dec 19: Collected payment from Oswald for the balance of the December 10 sale. Date Credit Journal Entry Accounts Cash Sales Discounts Accounts Receivable-B. Oswald Debit 1940 Dec 19 60 2000 Choose from any list or enter any number in the input fields and then click Check

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Introductory Statistics Exploring The World Through Data

Authors: Robert Gould, Colleen Ryan

2nd Edition

9780321978509, 321978277, 321978501, 978-0321978271

Students also viewed these Accounting questions

Question

Discuss the goals of financial management.

Answered: 1 week ago