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Tsang Corporation operates in a state with no sales tax. The company uses the perpetual inventory system. DATE TRANSACTIONS 2019 June 5 Sold merchandise on

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Tsang Corporation operates in a state with no sales tax. The company uses the perpetual inventory system. DATE TRANSACTIONS 2019 June 5 Sold merchandise on account to Benson Company; issued Sales slip 128e for $1,e05, terms n/30. The cost of the merchandise sold was $701. 15 Recorded cash sales, $2,000. The cost of nerchandise sold was $1,418 30 Received payment on account due from Benson Company for the sale on June 5 Record these transactions in a general journal View transaction list Journal entry worksheet 2 4 1 3 5 Sold merchandise on account to Benson Company; issued Sales Slip 1200 for $1,005, terms n/30. Note: Enter debits before credits Date General Journal Debit Credit

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