Question H Chic Interiors reported the following transactions in June: i (C credits. Exclus $900, terms 2/1 Read Accounts ReceivableB. O'Mahony Accounts ReceivableT. Elsworth adjust explar Allowance for Uncollectible Accounts Cash Jun 2: Sales Discounts Sales Refunds Payable Date Sales Returns and Allowances Jun Sales Revenue 2 Selling Expense Uncollectible-Account Expense Debit Jun 10: Sold merchandise on account to Bruce O'Mahony, $2,300, term Journal Entry Date Accounts Debit Choose from any list or enter any number in the input fields and the the next question. Chic Interiors reported the following transactions in June: (Click on the icon to view the transactions.) Read the requirements Jun 10 Accounts Receivable B. O'Mahony i More Info Jun 11: Collected payment from Elsworth for the June 2 sale. Journal Entry Date Accounts Debit Credit Jun 2 Jun 10 Jun 11 Jun 15 Jun 19 Sold merchandise on account to Tyson Elsworth, S900, terms 2/10, 1/30. Sold merchandise on account to Bruce O'Mahony, $2,300, terms 3/10, 1/30. Collected payment from Elsworth for the June 2 sale. O'Mahony returned $1,800 of the merchandise purchased on June 10. Collected payment from O'Mahony for the balance of the June 10 sale. Jun 11 Cash Sales Discounts Accounts Receivable-T. Elsworth A Requirem Print Done Jun 15: O'Mahony returned $1,800 of the merchandise purchased on June 10. Journal Entry Date Accounts Debit Credit 1. Record the foregoing transactions in the Journal of Chic Interiors using the gruss method. (You do not need to make the cost of sales journal entries; assume that these entries will be made by the company when it makes its other adjusting entries at period end.) 2. Calculate the amount of gross sales minus sales discounts for the month of June. Choose from any list or enter any number in the input fields and then continue to the next question. ? Chic Interiors reported the following transactions in June: (Click on the icon to view the transactions.) Read the requirements. Jun 15: O'Mahony returned $1,800 of the merchandise purchased on June 10. Journal Entry Date Debit Credit i More Info Jun 15 Accounts Sales Returns and Allowances Accounts Receivable-8, O'Mahony Jun 2 Jun 10 Jun 11 Jun 15 Jun 19 Sold merchandise on account to Tyson Elsworth, S900, terms 2/10, 1/30. Sold merchandise on account to Bruce O'Mahony, $2,300, terms 3/10, 1/30. Collected payment from Elsworth for the June 2 sale. O'Mahony returned $1,800 of the merchandise purchased on June 10. Collected payment from O'Mahony for the balance of the June 10 sale. Jun 19: Collected payment from O'Mahony for the balance of the June 10 sale. Journal Entry Date Accounts Debit Credit A Requirem Jun 19 Cash Print Done Sales Discounts Accounts Receivable-B. O'Mahony 1. Record the foregoing transactions in the Journal of Chic Interiors using the gruss method. (You do not need to make the cost of sales journal entries; assume that these entries will be made by the company when it makes its other adjusting entries at period end.) 2 Calculate the amount of gross sales minus sales discounts for the month of June. Choose from any list or enter any number in the input fields and then continue to the next question. ? Read the requirements PULUUID INOVCIVIC-u. Mony . i More Info Jun 19: Collected payment from O'Mahony for the balance of the June 10 sale. Journal Entry Date Accounts Debit Credit Jun 19 Cash Jun 2 Jun 10 Jun 11 Jun 15 Jun 19 Sold merchandise on account to Tyson Elsworth, S900, terms 2/10, n/30. Sold merchandise on account to Bruce O'Mahony, $2,300, terms 3/10, 1/30. Collected payment from Elsworth for the June 2 sale. O'Mahony returned $1,800 of the merchandise purchased on June 10. Collected payment from O'Mahony for the balance of the June 10 sale. Sales Discounts Accounts Receivable B. O'Mahony Requirement 2. Calculate the amount of gross sales minus sales discounts for the month of June. A Requirem Print Done Less: Sales revenue net of discounts 1. Record the foregoing transactions in the journal of Chic Interiors using the gross method. (You do not need to make the cost of sales journal entries; assume that these entries will be made by the company when it makes its other adjusting entries at period ond.) 2. Calculate the amount of gross sales minus sales discounts for the month of June Choose from any list or enter any number in the input fields and then continue to the next question. . ? Print Done Read the requirements PULUUID INOVCIVIC-u. Mony . i More Info Jun 19: Collected payment from O'Mahony for the balance of the June 10 sale. Journal Entry Date Debit Credit Jun 19 Jun 2 Jun 10 Jun 11 Jun 15 Jun 19 Sold merchandise on account to Tyson Elsworth, S900, terms 2/10, n/30. Sold merchandise on account to Bruce O'Mahony, $2,300, terms 3/10, 1/30. Collected payment from Elsworth for the June 2 sale. O'Mahony returned $1,800 of the merchandise purchased on June 10. Collected payment from O'Mahony for the balance of the June 10 sale. Accounts receivable Accounts receivable.net Allowance for uncollectible accounts Gross sales revenue Sales discounts Requirer Sales returns and allowances Uncollectible-account expense sales discounts for the month of June, A Requirem Print Done Less: Sales revenue net of discounts 1. Record the foregoing transactions in the journal of Chic Interiors using the gross method. (You do not need to make the cost of sales journal entries; assume that these entries will be made by the company when it makes its other adjusting entries at period ond.) 2. Calculate the amount of gross sales minus sales discounts for the month of June Choose from any list or enter any number in the input fields and then continue to the next question. ? Print Done Chic Interiors reported the following transactions in June: A (Click on the icon to view the transactions.) Read the requirements. Requirement 1. Record the foregoing transactions in the journal of Chic Interiors using the gross method. (You do not need to make the cost of sales joumal entries, assume that these entries will be made by the company when it makes its other adjusting entries at period end.) (Record debits first, then credits. Exclude explanations from any journal entries.) Jun 2: Sold merchandise on account to Tyson Elsworth, $900, terms 2/10, n/30. i More Info Date Journal Entry Accounts Accounts Receivable-T. Elsworth Debit Credit Jun 2 Sales Revenue Jun 2 Jun 10 Jun 11 Jun 15 Jun 19 Sold merchandise on account to Tyson Elsworth, S900, terms 2/10, 1/30 Sold merchandise on account to Bruce O'Mahony, $2,300, terms 3/10, 1/30. $, , Collected payment from Elsworth for the June 2 sale. O'Mahony returned $1,800 of the merchandise purchased on June 10. Collected payment from O'Mahony for the balance of the June 10 sale. Jun 10: Sold merchandise on account to Bruce O'Mahony, $2,300, terms 3/10. n/30. A Requirem Print Done Journal Entry Date Debit Credit Accounts Accounts Receivable B. O'Mahony Jun 10 1. Record the foregoing transactions in the Journal of Chic Interiors using the gruss method. (You do not need to make the cost of sales journal entries; assume that these entries will be made by the company when it makes its other adjusting entries at period end.) 2 Calculate the amount of gross sales minus sales discounts for the month of June. Choose from any list or enter any number in the input fields and then continue to the next
