The following transactions are for Tamarisk Company. On December 3, Tamarisk Company sold $461,100 of merchandise to Carla Vista Co., on account, terms: of the merchandise sold was $327,900. On December 8, Carla Vista Co. was granted an allowance of $25,300 for merchandise purchased on Dec. On December 13, Tamarisk Company received the balance due from Carla Vista Co. 1. 2. 3.
The following transactions are for Tamarisk Company. On December 3, Tamarisk Company sold $461,100 of merchandise to Carla Vista Co., on account, terms: of the merchandise sold was $327,900. On December 8, Carla Vista Co. was granted an allowance of $25,300 for merchandise purchased on Dec. On December 13, Tamarisk Company received the balance due from Carla Vista Co. 1. 2. 3.
Chapter1: Financial Statements And Business Decisions
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
Transcribed Image Text:The following transactions are for Tamarisk Company.
On December 3, Tamarisk Company sold $461.100 of merchandise to Carla Vista Co., on account, terms 2/10, n/30. The cost
of the merchandise sold was $327,900.
On December 8, Carla Vista Co. was granted an allowance of $25,300 for merchandise purchased on December 3.
On December 13, Tamarisk Company received the balance due from Carla Vista Co.
1.
2.
3.

Transcribed Image Text:No.
1
2.
Date
Account Titles and Explanation
(To record sale of merchandise on account)
(To record cost of merchandise sold)
Debit
Credi
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