in the problem. Ust all dirbil entries before condit entries: Presented below are selected accounts from the chart of accounts of Carla Vista Company. The cost of all merchandise sold was 60% of the sales price. During January. Carla Vista completed the following tran Jan. Purchased merchandise on account from Gallagher Co. $9,000. 3 4 Purchased supplies for cash $90. 4 Sold merchandise on account to Wheeler $6,870, invoice no. 371 , terms 1/10,n/30. 5 Returned $400 worth of damaged goods purchased on account from Gallagher Co, on January 3. 6 Made cash sales for the week totaling $3,600. Using the selected accounts provided: Record and post the January transactions in the appropriate journal noted. Foot and cross-foot all special fournals. (Record entries in the order disployed in the probiem statement) Question 1 of 1 /100i Cash Receipts Journal Date Account Credited Ref. Cash Dr. Sales Discounts Dr. Accounts R Cr The cost of all merchandise sold was 60% of the sales price. During January, Carla Vista completed the following transactions. Jan. Purchased merchandise on account from Gallagher Co. $9,000. 3 4 Purchased supplies for cash $90. 4 Sold merchandise on account to Wheeler $6,870, invoice no, 371, terms 1/10,n/30. 5 Returned $400 worth of damaged goods purchased on account from Gallagher Co, on January 3. 6 Made cash sales for the week totaling $3,600. 8 Purchased merchandise on account from Phegley C0 $4,200. 9 Sold merchandise on account to Linton Corp. $6,700, imvoice no. 372 , terms 1/10, \& 30 . 11 Purchased merchandise on account from Cora Co. $3,560 13 Paid in full Gallagher Co. on account less a 2 discount. 13. Made cash sales for the week totaling 56,140. 15 Recelved payment from Linton Corp. for invice na. 372. 15 Paid semi-monthly salaries of $14,800 to employees. 17 Received payment from Wheeler for invoice no, 371. 17 Sold merchandise on account to Detaney Co. $2.980, involce no. 373 , terms 1/10,130 19 Purchased equipment on account from Dozier Corp. $5,820. Question 1 of 1 ./100 15 Received payment from Linton Corp. for invoice no. 372. 15 Paid semi-monthly salaries of $14,800 to employees. 17 Received payment from Wheeler for invoice no. 371. 17 Sold merchandise on account to Delaney Co. $2,960, invoice no. 373 , terms 1/10,n/30. 19 Purchased equipment on account from Dozier Corp. $5,820. 20 Cash sales for the week totaled $4,310. 20 Paid in full Phegley Co. on account less a 2% discount. 23 Purchased merchandise on account from Gallagher Co, $7,680. 24 Purchased merchandise on account from Atchison Corp. $4,800. 27 Made cash sales for the week totaling $4,430. 30 Received payment from Delaney Co. for invoice no. 373. 31 Paid semi-monthly salaries of $13,980 to employees. 31 Sold merchandise on account to Wheeler $9.700, invoice no. 374 , terms 1/10,n/30. Mercer Company uses the following journals. 1. Sales journal 2. Sinkle-column purchases journal. 3. Casch receipts journaL
