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please help to do general journal 1. Ch, 4: Prepare Merchandlser Purchase and Sales Journal Entries: The following occurred for Jackson's Antiques: a, Jan. 2,
please help to do general journal
1. Ch, 4: Prepare Merchandlser Purchase and Sales Journal Entries: The following occurred for Jackson's Antiques: a, Jan. 2, purchased an antique desk for $1,200cash. b. Jan. 5, purchased an antique sofa from Carev's Antiques for $3,000 with credit terms 2/15,n/30. c. Jan. 7, purchased various items from Cook's Antiques for $12,000 cash. The items were shlpped FOB Shipping Point with freight costs of $150. d. Jan. 12, paid Carey's for the sofa purchased on the Sth. e. Jan. 13, received a $125 cash allowance from Cook's for a defective item kept. f. Jan, 15, sold an antique table for $15,000 cash, Jackson's original cost was $3,500. g. Jan. 16, sold an antique bedroom set to Mary for $20,000 with credit terms 2/10, n/60. The original cost to Jackson was $11,965. h. Jan. 23, Mary returned one defective table from the bedroom set she purchased on Jan 16 . The table was sold to the Mary for $2,700 and had a $2,300 cost to Jackson. 1. Jan. 24, Mary paid her account off, less any sales discount. j. Jan. 25, Jackson sold an antique soda machine to Candy 5 hop, Inc. for $7,000 with credit terms 3/5,n/30. The original cost to Jackson was $5,000. k. Jan. 31, Candy Shop, Inc. paid its account off, less any sales discount Step by Step Solution
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