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Use the following sales journal to record the transactions. All credit sales are terms of n/30. (If a box is not used in the journal
Use the following sales journal to record the transactions. All credit sales are terms of n/30. (If a box is not used in the journal leave the box empty; do not select information or enter a zero.) (Click the icon to view the transactions.) Sales Journal Page More info Invoice Customer Date No. Account Debited Post. Ref. Accounts Receivable DR Cost of Goods Sold DR Sales Revenue CR Merchandise Inventory CR Jun. 1 Jun. 2024 Jun. 8 Jun. 13. Jun. 28 Sold merchandise inventory on account to Foster Jax, $1,260. Cost of goods, $950. Invoice I no. 101. Sold merchandise inventory on account to Ike Floyd, $2,200. Cost of goods, $1,650. Invoice no. 102. Sold merchandise inventory on account to Jax Turn, $380. Cost of goods, $260. Invoice no. 103. Sold merchandise inventory on account to Gail White, $830. Cost of goods, $570. Invoice no. 104. Print Done
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