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Journal entry worksheet 2 3 4 5 6 7 Allied made its first and only purchase of inventory for the period on May 3 for

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Journal entry worksheet 2 3 4 5 6 7 Allied made its first and only purchase of inventory for the period on May 3 for 2,000 units at a price of $10 cash per unit (for a total cost of $20,000). Note: Enter debits before credits. Date General Journal Debit Credit May 03 Record entry Clear entry View general journal Journal entry worksheet 2 3 4 5 6 7 Allied sold 1,500 of the units in inventory for $14 per unit (invoice total: $21,000) to Macy Co. under credit terms 2/10, n/60. Note: Enter debits before credits. General Journal Debit Credit Date May 05 Record entry Clear entry View general journal Journal entry worksheet 3 4 5 6 7 Allied sold 1,500 of the units in inventory for $14 per unit (invoice total: $21,000) to Macy Co. under credit terms 2/10, n/60. Note: Enter debits before credits. Date General Journal Debit Credit May 05 Record entry Clear entry View general journal

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