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III Journalize the transactions for the Evans Company. Assume the company uses a perpetual inventory system. (a) Sold merchandise for $10,645. The cost of merchandise
III Journalize the transactions for the Evans Company. Assume the company uses a perpetual inventory system. (a) Sold merchandise for $10,645. The cost of merchandise sold was $7,375, (b) Sold merchandise on account for $11,670. The cost of merchandise sold was $7,438. (c) Paid credit card fees for the month of $85. (d) Purchase merchandise from ABC Company S9,950 terms FOB shipping point terms 2/10 n/30 Prepaid freight of $220 was added to the invoice () Issued debit memo to ABC company for $2,000 for purchases in (d) (1) Paid ABC Company for purchase in (d) (worth 40 pts) Copyright Congeop Loarning. Powered by Seanere. Page 6 Journal Description Date Debit Credit Credit
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