Letter B Merchandising Business Gill 4G1lll 0.2K/s10:22 AM63%+ [Template] AS...oB. Journalize the following selected transactions of Maria Cruz Trading for themonth of July.Non-Vat RegisteredAssumeVAT Registered1.Bought merchandise on accountFrom Rene Cason Co.,P15,000.2. Sold merchandise in cash to Mr.Neptalie Ylagan, P20,000.3. Bought merchandise for cash fromJude Seares Enterprises, P60,000.4. Sold merchandise on account toBrigette Almario, P75,000.5. Paid in full the account withRene Cason Co.6. Collected in full the account ofMs. Brigette Almario, P75,000.- 2 -7. Paid freight on purchases ofMerchandise, P 5,000.8. Paid freight on sale ofMerchandise, P 5,000.9. Bought merchandise for cash andReceived a 5% trade discount,P 20,000.10. Sold Merchandise for cash andGave a 2% trade discount,

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B. Journalize the following selected transactions of Maria Cruz Trading for the month of July. Non-Vat Registered Assume VAT Registered 1.Bought merchandise on account From Rene Cason Co.,P15,000. 2. Sold merchandise in cash to Mr. Neptalie Ylagan, P20,000. 3. Bought merchandise for cash from Jude Seares Enterprises, P60,000.

B. Journalize the following selected transactions of Maria Cruz Trading for the month of July. Non-Vat Registered Assume VAT Registered 1.Bought merchandise on account From Rene Cason Co.,P15,000. 2. Sold merchandise in cash to Mr. Neptalie Ylagan, P20,000. 3. Bought merchandise for cash from Jude Seares Enterprises, P60,000.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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