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Required: Record the transactions in general journal form. If an amount box does not require an entry, leave it blank. Year 1 May 28 July

Required: Record the transactions in general journal form. If an amount box does not require an entry, leave it blank. Year 1 May 28 July 5 DATE 1 May 28 2 3 4 Jul. 5 5 6 7 Jul. 5 8 DATE 1 Mar. 15 5 2 3 4 Mar. 15 Sold merchandise on account to South Shore Motors, $11,000. Received $5,000 from South Shore Motors and wrote off the remainder owed on the sale of May 28 as uncollectible. Page: 1 DESCRIPTION POST. REF. Record the transactions in general journal form. If an amount box does not require an entry, leave it blank. Year 2 Mar. 15 DESCRIPTION DEBIT CREDIT POST. REF. DEBIT CREDIT 1 2 3 Reinstated the account of South Shore Motors that had been written off on July 5 of the previous year and received $6,000 cash in full settlement. Page: 1 7 8 4 5
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Required: Record the transactions in general journal form. If an amount box does not require an entry, leave it blan Year 1 May 28 Sold merchandise on account to South Shore Motors, $11,000. July 5 Received $5,000 from South Shore Motors and wrote off the remainder owed on the sale of May 28 as uncollectible. Record the transactions in general journal form. If an amount box does not require an entry, leave it blank. Year 2 Mar. 15 Reinstated the account of South Shore Motors that had been written off on July 5 of the previous year and received $6,000 cash in full settlement

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