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The following transactions were selected from the records of Evergreen Company: July 12 Sold merchandise to Wally Butler, who paid the $2,400 purchase with cash.
The following transactions were selected from the records of Evergreen Company: July 12 Sold merchandise to Wally Butler, who paid the $2,400 purchase with cash. The goods cost Evergreen Company $1,300. 15 Sold merchandise to Claudio's Chair Company at a selling price of $6.400 on terms 5/10 n/30. The goods cost Evergreen Company S4,900 20 Sold merchandise to Otto's Ottomans at a selling price of $4,400 on terms 5/10, n/30. The goods cost Evergreen Company $3,300 23 Collected payment from Claudio's Chair Company from the July 15 sale. Aug. 25 Collected payment from Otto's Ottomans from the July 20 sale. Required: Prepare journal entries to record the transactions, assuming Evergreen Company uses a perpetual inventory system. (If no entry is required for a transactionlevent, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 4 5 1 2 3 6 7 8 Record the cash sales of $2,400 to Wally Butler Note: Enter debits before credits. General Journal Date Debit Credit July 12 Record entry Clear entry View general journal
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