Question

Journalize the following sales transactions for Sandman Camera Store using the periodic inventory system. Explanations are not required.
Dec. 3 Sandman sold $44,800 of camera equipment on account, credit terms are 3/15, n/EOM.
5 Sandman received a $900 sales return on damaged goods from the customer.
17 Sandman receives payment from the customer on the amount due, less the return and discount.


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  • CreatedJune 12, 2015
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