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i need the whole journalize on December On December 1,2017 Ravenwood Company had the following account balances Debits Credits $ 18.200 Cash Notes Receivable Accounts
i need the whole journalize on December
On December 1,2017 Ravenwood Company had the following account balances Debits Credits $ 18.200 Cash Notes Receivable Accounts Receivable 2,000 7.500 Acounts Payable 16000 Common Stock $3,000 6,100 50.000 14.200 Accumulated Depreciation-Equipment Prepaid Insurance ,600 Retained Earnings 28,000 Equipment 5 73,300 s 73,300 During December, the company completed the following transactions Dec 7 Received $ 3,600 cash from customers in payment of account Ino discount allawed 12 Purchased merchandise on account fram Green Co. $ 12.000, terms 1/10, rv/30 17 Sold merchandise on account $ 16,000, terms 2/10,n/30 The cost of the merchandise sold was $ 10.000 19 Paid salaries $ 2.200 22 Paid Green Co. in full, less discount 26 Received collections in full less discounts, from customers billed on December 17 31 Received $2./00 cash from customers in payment of account (no discount allowedStep by Step Solution
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