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Journalize the following inventory merchandise transactions, assuming that the company uses the perpetual inventory system. Refer to the Chart of Ac for exact wording of
Journalize the following inventory merchandise transactions, assuming that the company uses the perpetual inventory system. Refer to the Chart of Ac for exact wording of account titles. Dec 1 4 Sold merchandise for $645 cash. The cost of merchandise sold was $375. Sold merchandise for $432 and accepted VISA as the form of payment. The cost of merchandise sold was $195. Sold merchandise on account for $670. The cost of merchandise sold was $438. Paid credit card fees for the month of $85. 8 15 General Journal Journalize each of the transactions for Evans Company, Refer to the Chart of Accounts for exact wording of account titles
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