Evie Inc. has the following transactions during its first month of business. Journalize the transactions that go in the sales journal. Jun. 1 Credit sale (invoice #1) to Green Lantern Inc. (acc #101) for $1,999 Jun. 2 Credit sale (invoice #2) to Wonder Woman Inc. (acc #102) for $2,000 Jun. 3 Credit sale to Flash Inc. (invoice #3) (acc #103) for $3,050 Jun. 4 Received $1,000 on account from Green Lantern Inc. Jun. 5 Credit sale (invoice #4) to Black Panther Inc. (acc #104) for $1,875 Jun. 6 Received the full amount from Flash Inc.
Evie Inc. has the following transactions during its first month of business. Journalize the transactions that go in the sales journal. Jun. 1 Credit sale (invoice #1) to Green Lantern Inc. (acc #101) for $1,999 Jun. 2 Credit sale (invoice #2) to Wonder Woman Inc. (acc #102) for $2,000 Jun. 3 Credit sale to Flash Inc. (invoice #3) (acc #103) for $3,050 Jun. 4 Received $1,000 on account from Green Lantern Inc. Jun. 5 Credit sale (invoice #4) to Black Panther Inc. (acc #104) for $1,875 Jun. 6 Received the full amount from Flash Inc.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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PA2.
LO 7.4Evie Inc. has the following transactions during its first month of business. Journalize the transactions that go in the sales journal.
Jun. 1 | Credit sale (invoice #1) to Green Lantern Inc. (acc #101) for $1,999 |
Jun. 2 | Credit sale (invoice #2) to Wonder Woman Inc. (acc #102) for $2,000 |
Jun. 3 | Credit sale to Flash Inc. (invoice #3) (acc #103) for $3,050 |
Jun. 4 | Received $1,000 on account from Green Lantern Inc. |
Jun. 5 | Credit sale (invoice #4) to Black Panther Inc. (acc #104) for $1,875 |
Jun. 6 | Received the full amount from Flash Inc. |
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