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transactions and events occurred, May 13 Excellent Company sold 12 motors at a price of s40 cach to XYZ Company, terms May 16 XYZ Company

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transactions and events occurred, May 13 Excellent Company sold 12 motors at a price of s40 cach to XYZ Company, terms May 16 XYZ Company returned two defective motors to Excellent May 23 Excellent Company received payment in full from XYZ. Instruction: Journalize the above transactions (4 marks) 1/10, n/30. The motors cost Excellent $25 each

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