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SALES JOURNAL Date Account Invoice No. Post Ref. Accounts Receivable Cost of Sales Jun ARC - Croquet and Cricket(select) Jun (select) Jun (select) Jun (select)
SALES JOURNAL
Date | Account | Invoice No. | Post Ref. | Accounts Receivable | Cost of Sales | ||
---|---|---|---|---|---|---|---|
Jun | ARC - Croquet and Cricket(select) | ||||||
Jun | (select) | ||||||
Jun | (select) | ||||||
Jun | (select) |
What will be its cost of sales and how will it come out?
9 | Purchased 12 pairs of Football Boots from Sports 'R Us for $192 each, terms net 30. |
9 | Paid the full amount owing to Addax Sports, Cheque No. 808. Payment fell within discount period. |
10 | Sold 15 Signed Rugby Balls to Croquet and Cricket for $344 each, Invoice No. 432. |
11 | Paid the full amount owing to Hike, Cheque No. 809. |
11 | Paid the full amount owing to Extreme Sports Inc, Cheque No. 810. |
11 | Paid sales staff wages of $1,928 for the week up to and including yesterday, Cheque No. 811. |
13 | Mick's Sporting Goods paid the full amount owing on their account. Since Mick's Sporting Goods has been a loyal customer from the day the business commenced, a 10% discount was given for this early repayment. |
13 | Made cash sale of 9 sets of Sting Ray Golf Clubs for $888 each. |
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