Carla Vista Company uses special journals and a general journal. The following transactions occurred during September 2022. Sept. 2 (a) 10 12 21 25 27 Date Sold merchandise on account to H. Drew, invoice no. 101, $695, terms n/30. The cost of the merchandise sold was $375. 2022 Purchased merchandise on account from A. Pagan $555, terms 2/10, n/30. Purchased office equipment on account from R. Cairo $6,400. Sold merchandise on account to G. Holliday, invoice no. 102 for $765, terms 2/10, n/30. The cost of the merchandise sold was $465. Prepare a sales journal and record the transactions for September that should be journalized. (Record entries in the order presented in the problem statement.) Purchased merchandise on account from D. Downs $820, terms n/30. Sold merchandise to S. Miller for $730 cash. The cost of the merchandise sold was $415. Account Debited CARLA VISTA COMPANY Sales Journal Invoice No. Ref. Accounts Receivable Dr. Sales Revenue Cr. S1 Cost of Goods Sold Dr. Inventory Cr.

Carla Vista Company uses special journals and a general journal. The following transactions occurred during September 2022. Sept. 2 (a) 10 12 21 25 27 Date Sold merchandise on account to H. Drew, invoice no. 101, $695, terms n/30. The cost of the merchandise sold was $375. 2022 Purchased merchandise on account from A. Pagan $555, terms 2/10, n/30. Purchased office equipment on account from R. Cairo $6,400. Sold merchandise on account to G. Holliday, invoice no. 102 for $765, terms 2/10, n/30. The cost of the merchandise sold was $465. Prepare a sales journal and record the transactions for September that should be journalized. (Record entries in the order presented in the problem statement.) Purchased merchandise on account from D. Downs $820, terms n/30. Sold merchandise to S. Miller for $730 cash. The cost of the merchandise sold was $415. Account Debited CARLA VISTA COMPANY Sales Journal Invoice No. Ref. Accounts Receivable Dr. Sales Revenue Cr. S1 Cost of Goods Sold Dr. Inventory Cr.

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Description: Carla Vista Company uses special journals and a general journal. The following transactions occurred during September 2022.Sept.2(a)10122125Purchased merchandise on account from D. Downs $820, terms n/30.27 Sold merchandise to S. Miller for $730 cas

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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