Question
Identify what special Journal that is applicable for the following transactions. Collected 10,000 from a customer in payment of his account. Bought 100 pieces of
Identify what special Journal that is applicable for the following transactions. Collected 10,000 from a customer in payment of his account. Bought 100 pieces of mugs to be sold in the store amounting to 1,500 on account. Sold five pieces of mugs to X, 320 cash. Sold two pieces of mugs to Y, 112 cash. Purchased office supplies for cash, 500. Paid 20,000 monthly rental Paid salary of staff, 15,000 Sold 100 pieces of mugs to Unicup, Inc., 5,600 on account. Sold 500 pieces of mugs to Bugsmore Corp. for 15,300 payable one month after delivery. Purchase on account 1,000 pieces of mugs for 12,400
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