Caesar Company uses a sales journal, purchases journal, cash receipts journal, cash payments journal, and general journal. Journalize the following transactions that should be recorded in the sales journal. June 5 Purchased $2,200 of merchandise on credit from Roman Corporation June 9 Sold merchandise costing $645 to R. June 12 Sold merchandise costing $450 to J. June 19 Received $1,075 cash from R. Allen June 27 Sold merchandise costing $595 to B. Allen for $1,075, terms n/10, Invoice Number 2080. Meyer for $750 cash, Invoice Number 2081. to pay for the June 9 purchase. Kraft for $850, terms n/10, Invoice Number 2082.
Caesar Company uses a sales journal, purchases journal, cash receipts journal, cash payments journal, and general journal. Journalize the following transactions that should be recorded in the sales journal. June 5 Purchased $2,200 of merchandise on credit from Roman Corporation June 9 Sold merchandise costing $645 to R. June 12 Sold merchandise costing $450 to J. June 19 Received $1,075 cash from R. Allen June 27 Sold merchandise costing $595 to B. Allen for $1,075, terms n/10, Invoice Number 2080. Meyer for $750 cash, Invoice Number 2081. to pay for the June 9 purchase. Kraft for $850, terms n/10, Invoice Number 2082.
College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter9: Sales And Purchases
Section: Chapter Questions
Problem 8E: Toby Company had the following sales transactions for March: Mar. 6Sold merchandise on account to...
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