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need it urgently please Prepare journal entries to record the following sales transactions in Crane Company's books. Crane uses a perpetual inventory system. Mar. 12
need it urgently please Prepare journal entries to record the following sales transactions in Crane Company's books. Crane uses a perpetual inventory system. Mar. 12 13 14 Crane sold $17,000 of merchandise to Jarek Company, terms 2/10,6/30, FOB destination. The cost of the merchandise sold was $9.010. The correct company paid freight costs of $215 Jarek returned $2.200 of the merchandise purchased on March 12 because it was damaged. The cost of the merchandise returned was $1,060. Crane examined the merchandise, decided it was no longer saleable, and discarded it Crane received the balance due from Jarek. 22 (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter Ofor the amounts. Record journal entries in the order presented in the problem.) Debit Credit Date Account Titles and Explanation 7C Mostly su.. recordiales en account 5 9 E Question 3 of 11 v - / 12 (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit (To record sales on account.) (To record cost of goods sold.) (Cash payment for freight costs.) 7C Mostly Question 3 of 11 -/12 (Cash payment for freight costs.)
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