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W. Tsang Distributors operates in a state with no sales tax. DATE TRANSACTIONS 20x1 June 5 Sold merchandise on account to Kisling Company; issued Sales
W. Tsang Distributors operates in a state with no sales tax. DATE TRANSACTIONS 20x1 June 5 Sold merchandise on account to Kisling Company; issued Sales Slip 1200 for $1,975, terms n/30. 15 Recorded cash sales, $2,940. 30 Received payment on account due from Kisling Company for the sale on June 5. Required: Record the above transactions in a general journal: View transaction list Journal entry worksheet 1 2 3 Sold merchandise on account to Kisling Company; issued Sales Slip 1200 for $1,975, terms n/30. Date Jun 5, 20X1 Note: Enter debits before credits. General Journal Debit Credit
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