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need both done . do not attempt if you cant May 1 Sold merchandise for $1,140 cash (cost is $870 ) to Miller. May 4
need both done . do not attempt if you cant May 1 Sold merchandise for $1,140 cash (cost is $870 ) to Miller. May 4 Purchased nerchandise on credit from Allen for 54,300 , terns n/30. May 5 The owner, Smith, contributed $7,400 worth of nachinery to the coapany. May 7 Sold $1,170 of used machinery (noninventory) on credit to Johnson, terns n/6e. May 14 Purchased equipment for $38, vee by issuing a note payable. May 21 Sold merchandise for $5,600 (cost is $4,968 ) on credit to Jones, terns n/60. May 23 Granted Jones an allowance (price reduction) of $680 for merchandise purchased on May 21 and credited accounts receivable for that anount. May 24 Paid wages of $7,400 with cash. Enter answers in the tabs below. Record the transactions that should be journalized in the general journal. Note: If the transaction is not recorded in the general journal, select "Not recorded in general journal" in the first account field. Journal entry worksheet 1 2 3 4 5 6 8 Granted Jones an allowance (price reduction) of $680 for merchandise purchased on May 21 and credited accounts recelvable for that ameunt. Diste: Enter detants beforn coests. Record the transactions that should be journalized in the general journal. Note: If the transaction is not recorded in the general journal, select "Not recorded in general journal" in the first account field. Journal entry worksheet
need both done . do not attempt if you cant
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