Sales and purchase - related transactions for seller and buyer using perpetual inventory system The following selected
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Question:
Sales and purchaserelated transactions for seller and buyer using perpetual inventory system
The following selected transactions were completed during April between Swan Company and Bird Company:
Date Transaction
Apr. Swan Company sold merchandise on account to Bird Company, $ terms FOB shipping point, n Swan paid freight of $ which was added to the invoice. The cost of the goods sold was $
Swan Company sold merchandise on account to Bird Company, $ terms FOB destination, n The cost of the goods sold was $
Swan Company paid freight of $ for delivery of merchandise sold to Bird Company on April
Bird Company paid Swan Company for purchase of April
Bird Company paid Swan Company for purchase of April
Swan Company sold merchandise on account to Bird Company, $ terms FOB shipping point, neom The cost of the goods sold was $
Swan Company paid Bird Company a cash refund of $ for damaged merchandise in the April sale. Bird Company kept the merchandise.
Bird Company paid freight of $ on April purchase from Swan Company.
Bird Company paid Swan Company on account for purchase of April
Required:
Journalize the April transactions for Swan Company the seller If an amount box does not require an entry, leave it blank.
Date Account Debit Credit
Apr.
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fill in the blank fill in the blank
Date Account Debit Credit
Apr.
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Date Account Debit Credit
Apr.
fill in the blank fill in the blank
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Date Account Debit Credit
Apr.
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Date Account Debit Credit
Apr.
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Date Account Debit Credit
Apr.
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Date Account Debit Credit
Apr.
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Date Account Debit Credit
Apr.
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Date Account Debit Credit
Apr.
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Date Account Debit Credit
Apr.
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Date Account Debit Credit
Apr.
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Date Account Debit Credit
Apr.
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Journalize the April transactions for Bird Company the buyer If an amount box does not require an entry, leave it blank.
Date Account Debit Credit
Apr.
fill in the blank fill in the blank
fill in the blank fill in the blank
Date Account Debit Credit
Apr.
fill in the blank fill in the blank
fill in the blank fill in the blank
Date Account Debit Credit
Apr.
fill in the blank fill in the blank
fill in the blank fill in the blank
Date Account Debit Credit
Apr.
fill in the blank fill in the blank
fill in the blank fill in the blank
Date Account Debit Credit
Apr.
fill in the blank fill in the blank
fill in the blank fill in the blank
Date Account Debit Credit
Apr.
fill in the blank fill in the blank
fill in the blank fill in the blank
Date Account Debit Credit
Apr.
fill in the blank fill in the blank
fill in the blank fill in the blank
Date Account Debit Credit
Apr.
fill in the blank fill in the blank
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Posted Date: