From the general journal in Figure, record to the accounts receivable subsidiary ledger and post to the general ledger accounts asappropriate.
Answer to relevant QuestionsJournalize, record, and post when appropriate the following transactions in the general journal (all sales carry terms of 5/10, n/30):201XNov. 16 Sold merchandise on account to Pearl Co., invoice no. 1, $920.18 Sold ...The following transactions of Jack’s Auto Supply occurred in November (Balances as of November 1 are given for general ledger and accounts receivable ledger accounts: Danielson $400 Dr.; Wallace $550 Dr.; Whitnall $400; ...To assist you in recording these transactions for the month of January, at the end of this problem is the schedule of accounts receivable as of December 31 and an updated chart of accounts with the current balance listed for ...Bailey C. paid $190 to Porter Co. and received a $25 purchases discount. Journalize the entry.Journalize the following transactions:201XJan. 4 Sold merchandise for $300 cash. The cost of merchandise was $250.9 Purchased merchandise from Red Co., $3,500, free on board shipping (buyer pays freight); terms 3/10, n/30. ...
Post your question