lz- Required Saved Help Save & E Biloxi Gifts uses a sales journal, a purchases journal, a cash receipts journal, a cash disbursements journal,
lz- Required Saved Help Save & E Biloxi Gifts uses a sales journal, a purchases journal, a cash receipts journal, a cash disbursements journal, and a general journal. The November transactions are given below: Nov. 2 The company purchased $3,300 of merchandise on credit from the Midland Co., terms 2/10, n/30. 12 The owner, T. Biloxi, contributed an automobile worth $24,000 to the company. 16 The company sold $1,550 of merchandise (cost is $940) on credit to K. Myer, terms n/30. 19 K. Myer returned $245 of (worthless) merchandise originally purchased on November 16 to the company (assume the cost of this merchandise is left in cost of goods sold). Journalize November transactions that should be recorded in the general journal. (If the transaction is not recorded in the general journal, select "Not recorded in general journal" in the first account field.) View transaction list Journal entry worksheet < 1 2 3 4 The company purchased $3,300 of merchandise on credit from the Midland Co., terms 2/10, n/30. Note: Enter debits before credits. Date Nov. 2 General Journal Debit Credit -Required Saved https%253A%252F%252Flms.mheducation.com%252Fmghmiddieware%25 Identify the journal where each of the following transactions should be recorded. Nov. 2 The company purchased $3,300 of merchandise on credit from the Midland Co., terms 2/10, n/30. O General journal O Purchases journal O Sales journal Nov. 12 The owner, T. Biloxi, contributed an automobile worth $24,000 to the company. O General journal O Sales journal O Purchases journal Nov. 16 The company sold $1,550 of merchandise (cost is $940) on credit to K. Myer, terms n/30. O Sales journal O Purchases journal O General journal Help Save & Exit Nov. 19 K. Myer returned $245 of (worthless) merchandise originally purchased on November 16 to the company (assume the cost of this merchandise is left in cost of goods sold). rnal browser=0&launchUrl=https%253A%252F%252Flms.mheducation.com/52Fmghmiddleware%25 -Required O Sales journal Saved Nov. 12 The owner, T. Biloxi, contributed an automobile worth $24,000 to the company. O General journal O Sales journal O Purchases journal St Help Save & Exit Nov. 16 The company sold $1,550 of merchandise (cost is $940) on credit to K. Myer, terms n/30. O Sales journal O Purchases journal O General journal Nov. 19 K. Myer returned $245 of (worthless) merchandise originally purchased on November 16 to the company (assume the cost of this merchandise is left in cost of goods sold). O General journal O Purchases journal O Sales journal Prev 9 of 9 Next>
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