Question
Record the following transactions on the books of Pina Colada Co. (Omit cost of goods sold entries.) (Credit account titles are automatically indented when amount
Record the following transactions on the books of Pina Colada Co. (Omit cost of goods sold entries.) (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)
(a) | On July 1, Pina Colada Co. sold merchandise on account to Stacey Inc. for $23,400, terms 4/10, n/30. | |
(b) | On July 8, Stacey Inc. returned merchandise with a sales price of $3,900 to Pina Colada Co. | |
(c) | On July 11, Stacey Inc. paid the balance due. |
Date | Account Titles and Explanation | Debit | Credit | ||
---|---|---|---|---|---|
(a) | July 1July 8July 11 | enter an account title | enter a debit amount | enter a credit amount | |
enter an account title | enter a debit amount | enter a credit amount | |||
(b) | July 1July 8July 11 | enter an account title | enter a debit amount | enter a credit amount | |
enter an account title | enter a debit amount | enter a credit amount | |||
(c) |
| enter an account title | enter a debit amount | enter a credit amount | |
enter an account title | enter a debit amount | enter a credit amount | |||
enter an account title | enter a debit amount |
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