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Instructions Chart of Accounts First Questions ! General Journal Instructions Citron Mechanical Systems makes all sales on credit, with terms 216, n30. During 2019, the
Instructions Chart of Accounts First Questions ! General Journal Instructions Citron Mechanical Systems makes all sales on credit, with terms 216, n30. During 2019, the list price (prediscount) of services provided was $669.0C0. Customers paid $451,000 (st price) of these sales within the discount period and the remaining $218,00o at price) after the discount period. Citron uses the gross method of recording sales. Required: 1. Compute the amounf of saies maf Citron recoroed for 2019. 2. Compte the anounf of cast Ihal Citror coMected frn these sales. 3 Assuming the net method was used for ali sa es prepare a surramary purnar entry to record these sales ar a second surrnary entry to record General Journal Shaded cells have feedback PAGE 1 Score: 53163 IMPACT ON FINANCIAL STATEMENTS OURNAL BALANCE SHEET INCOME STATEMENT DATE POST, REF DEBIT CRECIT ASSETS LIAUTIES EQUITY REVENUE EXFENEESNET INCOME Dec. 31Accounts Reeivabl Sales Revenue Dec. 31Cash Accounts Reeivable Sales Revenue
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