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Journal entry worksheet < 1 2 3 4 5 6 7 Purchased $1,150 of merchandise from GreenWorld Company with credit terms of 2/15, n/60,
Journal entry worksheet < 1 2 3 4 5 6 7 Purchased $1,150 of merchandise from GreenWorld Company with credit terms of 2/15, n/60, invoice dated March 3, and FOB shipping point. Note: Enter debits before credits. Date March 03 General Journal Debit Credit Record entry Clear entry View general journal Journal entry worksheet < 1 3 4 5 6 7 Paid $75 cash for shipping charges on the March 3 purchase. Note: Enter debits before credits. Date March 04 General Journal Debit Credit Record entry Clear entry View general journal > Journal entry worksheet > 1 2 4 5 6 7 Returned to GreenWorld unacceptable merchandise that had an invoice price of $150. Note: Enter debits before credits. Date March 05 General Journal Debit Credit Record entry Clear entry View general journal Journal entry worksheet < 1 2 3 5 6 7 Paid GreenWorld for the March 3 purchase, net of the discount and the returned merchandise. Note: Enter debits before credits. Date March 18 General Journal Debit Credit Record entry Clear entry View general journal Journal entry worksheet 1 2 3 4 6 7 Purchased $425 of merchandise from PeopleFirst Corp. with credit terms of 1/10, n/30, invoice dated March 19, and FOB destination. Note: Enter debits before credits. Date March 19 General Journal Debit Credit Record entry Clear entry View general journal Journal entry worksheet < 1 2 3 4 5 7 After negotiations, received from PeopleFirst a $25 allowance (for scuffed merchandise) toward the $425 owed on the March 19 purchase. Note: Enter debits before credits. Date March 21 General Journal Debit Credit Record entry Clear entry View general journal Journal entry worksheet < 1 2 3 4 5 6 Sent check to PeopleFirst paying for the March 19 purchase, net of the allowance and the discount. Note: Enter debits before credits. Date March 29 General Journal Debit Credit Record entry Clear entry View general journal
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