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Journalize each of the following transactions assuming a perpetual Inventory system. April 5 Sold merchandise to a customer for $7,100; terms 1/10, n/30 (cost of
Journalize each of the following transactions assuming a perpetual Inventory system. April 5 Sold merchandise to a customer for $7,100; terms 1/10, n/30 (cost of sales $4,380). 7 Made a cash sale of $5,400 of merchandise to a customer today (cost of sales $3,360). 8 Sold merchandise for $12,700; terms 1/10, n/30 (cost of sales $7,740). May 15 Collected the amount owing from the credit customer of April 5. 4 The customer of April 8 paid the balance owing. View transaction list Journal entry worksheet
Jourhalize each of the following transactions assuming a perpetual inventory system. Apri1 5 Sold merchandiske to a custoben for 57 , 1e0; terms 1/14. n/30 (cort of sales 14, ivo). it sold nerchandwe fon \&12, roe: recins 2/10, nyde (cost of sa1es 37,740) 15 collected the swount owing from the credit customer of Aprit s. May 4 The customer of apcsi 8 pasu the oalance dising. Journal entry worksheet Step by Step Solution
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