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QUESTION 2 Questi QuesQuestion (2) - (7.5 marks) During last October, Haley Company had the following transactions, for sales to one of its customers: sth

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QUESTION 2 Questi QuesQuestion (2) - (7.5 marks) During last October, Haley Company had the following transactions, for sales to one of its customers: sth October Sold merchandise $22,500 (Cost $ 13,500) with terms 3/10 1/30, 6th October The customer returned some merchandise $ 2,500 because of incorrect sizes. This was agreed by Haley Company and all 11th October Haley Company received cash from the customer from the goods sold on sth October. Required: Prepare Journal entries to record the transactions above Haley Company uses a perpetual inventory system Answer: Date Debe Crni Account Name

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