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record the all transactions for july that should be journalized in sales journal and cash recipt journal Corona Company uses a sales journal, a cash
record the all transactions for july that should be journalized in sales journal and cash recipt journal Corona Company uses a sales journal, a cash receipts journal, and a general journal to record transactions with its customers. July 2 Sold merchandise for $18,000 to M. Jordan on account. Credit terms 2/10, n/30. Sales invoice No. 100. The cost of the merchandise sold was $11,700. July 5 Received a check for $1,300 from K. Bryant in payment of his account. July 8 Sold merchandise to S. O'Neal for $900 cash. The cost of the merchandise sold was $585 July 10 Received a check for $17,640 from M. Jordan in payment of an invoice dated July 2 for $18,000 July 15 Sold merchandise for $7,000 to K. Jabbar on account. Credit terms 1/10, n/30. Sales invoice No. 101. The cost of the merchandise sold was $4,550. July 18 Borrowed $15,000 cash from Pacific Bank signing a 5-month10. note July 20 Sold merchandise for $12,000 to J. West on account. Credit terms 1/10, n/30. Sales invoice No. 102. The cost of the merchandise sold was $7.800 July 31 Received a check from K. Jabbar for $5,500 as payment on account, no discount given REQUIRED: Record the transactions for July that should be journalized in sales journal and cash receipt journal
record the all transactions for july that should be journalized in sales journal and cash recipt journal
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