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Please, as usual, do the following transactions as journal entries (paper, pencil, notes, blah blah) I will provide examples :D Submit a picture of your
Please, as usual, do the following transactions as journal entries (paper, pencil, notes, blah blah) I will provide examples :D Submit a picture of your notes :D Thank you :D
- Bought 80 Don Julio bottles @Total Wine ($30.00 each)
- Bought 50 Ultimate mimosa mixer @Specs ($5.00 each)
- Bought 120 wine glasses @Fine Glass (total of $1,200)
- Bought 145 As of Spade Champagne @Liquorama Fines Wines ($210.00 each)
- Sold 40 Don Julio Bottles to Valentin Elizalde @$75.00 each on account
- Sold 20 Ultimate mimosa mixer to Brian Loncar at $25.00 each, we received cash
- Sold 120 As of Spade Champagne to Andre Pier Gignac ($455.00 each) Received 50% cash and rest to be paid in 30 days
- Sold 50 wine glasses to Indigo Hotel at $25.00 each on account
- Received a partial payment from Valentin (75% of his balance)
- Received a partial payment from Indigo (80% of their balance)
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