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Question 4 10 pts Journalize the following transactions: May 4 Sundry Inc. sold merchandise on account to Bingo Inc., $12.000, terms FOB destination, 2/10 n/30.

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Question 4 10 pts Journalize the following transactions: May 4 Sundry Inc. sold merchandise on account to Bingo Inc., $12.000, terms FOB destination, 2/10 n/30. The cost of the goods sold was $3,000 May 6 Sundry Inc, paid $335 in freight charges. May 14 Sundry Inc. issued Bingo Inc. a credit memo for merchandise returned, $1.000. The cost of the goods returned was $250. May 31 Sundry Inc received payment from Bingo Inc. for purchase of May 4 Journalize the entries for Sundry Company (seller) first below (Format use Chart of Accounts for names, be careful of spelling DO NOT bother to include company names: debits and credits should be entered a whole numbers, WITH NO DECIMALS OR DOLLAR SIGNS) Debit Credit Account Names Date May 4 Question 4 10 pts Journalize the following transactions: May 4 Sundry Inc. sold merchandise on account to Bingo Inc. $12,000, terms FOB destination, 2/10 1/30. The cost of the goods sold was $3,000 May 6 Sundry Inc paid $335 in freight charges May 14 Sundry Inc. issued Bingo Inc a credit memo for merchandise returned, $1,000. The cost of the goods returned was $250. May 31 Sundry Inc. received payment from Bingo Inc. for purchase of May 4, Journalize the entries for Sundry Company (seller) forst below (Format use Chart of Accounts for names, be careful of spelling! DO NOT bother to include company names: debits and credits should be entered as whole numbers, WITH NO DECIMALS OR DOLLAR SIGNS) Credit Debit Account Names Date May 4

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