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QS 7-6 Sales journal LO P1 Caesar Company uses a sales journal, purchases journal, cash receipts journal, cash payments journal, and general journal. Journalize
QS 7-6 Sales journal LO P1 Caesar Company uses a sales journal, purchases journal, cash receipts journal, cash payments journal, and general journal. Journalize the following transactions that should be recorded in the sales journal. June 3 Purchased $1,600 of merchandise on credit from Roman Corp. 9 Sold merchandise costing $420 to R. Allen for $700, terms n/10, Invoice No. 2080. 12 Sold merchandise costing $360 to 3. Meyer for $600 cash, Invoice No. 2081. 19 Received $70alcash from R. Allen to pay for the purchase of June 9. 27 Sold merchandise costing $490 to B. Kraft for $700, terms n/10, Invoice No. 2082. SALES JOURNAL Date Account Debited Invoice Number Accounts Receivable Dr. Sales Cr. Cost of Goods Sold Dr. Inventory Cr June 09 R. Allen 2080 June 27 B. Kraft 2082
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