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T15-3 (similar to) Question Help 8. Best Buy Computers has the following transactions in June related to the sale of merchandise inventory (Click the icon

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T15-3 (similar to) Question Help 8. Best Buy Computers has the following transactions in June related to the sale of merchandise inventory (Click the icon to view the transactions.) Journalize the sales transactions for Best Buy Computers assuming the company uses the perpetual inventory system. (Record debits first, then credits. Select the explanation on the last line of the journal entry table. Assume the company records sales at the net amount) Jun. 12: Sold computers on account for $8,500 to a customer, terms 1/15, n/45. The cost of the computers is $5,100. Begin by preparing the entry to joumalize the sale portion of the transaction. Do not record the expense related to the sale. We will do that in the following step. Accounts and Explanation Date Debit Credit Jun. 12 ntry to pt in the follo More Info June 12 Sold computers on account for $8,500 to a customer, terms 1/15, n/45. The cost of the computers is $5,100. 26 Received payment from the customer on balance due. Print Done

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