P6-2C.

Comprehensive problem:Recording transactions into sales,cash receipts and

P6-2C. (In the Excel templates on MyLab Accounting, all the beginning balances needed are provided for the accounts receivable and general ledger.) The following transactions occurred for Bedford Sausage Supply Co.: 2 Karen Blum, owner, invested an additional $15,000 in the business. 3 Sold \$1,850 worth of merchandise on account to Petra's Meat Market, sales invoice Na. 460, terms 1/10,n/30. Cost of inventory was $1,387.50. 5 Sold $825 worth of merchandise on account to Chapman's Deli, sales invoice No. 461, terms 1/10,n/30. Cost of inventory was $618.75. 8 Sold $930 worth of merchandise on account to Valemont Variety Meats Co, sales invoice Na 462, terms 1/10,n/30. Cost of inventory was $697.50. 12 Received cash from Petra's Meat Market in payment of September 3 transaction, sales invoice Na 460, less discount. 19 Sold $1,500 worth of merchandise on account to Discount Meats, sales invoice No. 463 , terms 1/10,n/30. Cost of inventory was $1,125. 22 Received cash payment from Chapman's Deli in payment of September 5 transietion, sales invoice Na 461. 23 Collceted cash salc, \$638. Cost of inventory was $478.50. 23 Issued credit memorandum No. 101 to Discount Meats for $300 worth of merchandise returned from September 19 sales on account. Cost of inventory being returned is $225. 25 Received cash from Discount Meats in payment of September 19 sales invoice No. 463. (Don't forget about the credit memo and discount.) 25 Collected cash sales, \$813. Cost of inventory was $609.75. 26 Sold meat-cooling equipment for $900 cash. (Ignore depreciation entry.) 29 Sold \$1,620 worth of merchandise on account to Chapman's Deli, sales invoice No. 464 , terms 1/10,n/30. Cost of inventory was S1,215. 30 Issued credit memorandum No, 102 to Chapman's Deli for $420 worth of merchandise returned from September 29 tmansaction, sales invoice No. 464. Cost of inventory being returned is $315. general journals; recording to accounts receivable and posting to general ledger; preparing a schedule of accounts receivable s, Classroom D... Check Figure Schedule of Accounts Receivable $6,084.60 equired Required a. Journalize the transactions in the appropriate journals. b. Record and post as appropriate. c. Prepare a schedule of accounts receivable as of Sept. 30. P6-2C. (In the Excel templates on MyLab Accounting, all the beginning balances needed are provided for the accounts receivable and general ledger.) The following transactions occurred for Bedford Sausage Supply Co.: 2 Karen Blum, owner, invested an additional $15,000 in the business. 3 Sold \$1,850 worth of merchandise on account to Petra's Meat Market, sales invoice Na. 460, terms 1/10,n/30. Cost of inventory was $1,387.50. 5 Sold $825 worth of merchandise on account to Chapman's Deli, sales invoice No. 461, terms 1/10,n/30. Cost of inventory was $618.75. 8 Sold $930 worth of merchandise on account to Valemont Variety Meats Co, sales invoice Na 462, terms 1/10,n/30. Cost of inventory was $697.50. 12 Received cash from Petra's Meat Market in payment of September 3 transaction, sales invoice Na 460, less discount. 19 Sold $1,500 worth of merchandise on account to Discount Meats, sales invoice No. 463 , terms 1/10,n/30. Cost of inventory was $1,125. 22 Received cash payment from Chapman's Deli in payment of September 5 transietion, sales invoice Na 461. 23 Collceted cash salc, \$638. Cost of inventory was $478.50. 23 Issued credit memorandum No. 101 to Discount Meats for $300 worth of merchandise returned from September 19 sales on account. Cost of inventory being returned is $225. 25 Received cash from Discount Meats in payment of September 19 sales invoice No. 463. (Don't forget about the credit memo and discount.) 25 Collected cash sales, \$813. Cost of inventory was $609.75. 26 Sold meat-cooling equipment for $900 cash. (Ignore depreciation entry.) 29 Sold \$1,620 worth of merchandise on account to Chapman's Deli, sales invoice No. 464 , terms 1/10,n/30. Cost of inventory was S1,215. 30 Issued credit memorandum No, 102 to Chapman's Deli for $420 worth of merchandise returned from September 29 tmansaction, sales invoice No. 464. Cost of inventory being returned is $315. general journals; recording to accounts receivable and posting to general ledger; preparing a schedule of accounts receivable s, Classroom D... Check Figure Schedule of Accounts Receivable $6,084.60 equired Required a. Journalize the transactions in the appropriate journals. b. Record and post as appropriate. c. Prepare a schedule of accounts receivable as of Sept. 30