Question

Journalize the following sales transactions for Tomas Sportswear. Explanations are not required.
Jul. 1 Tomas sold $ 61,000 of women’s sportswear on account, credit terms are 2/10, n/45. Cost of goods is $ 32,000.
5 Tomas received a $ 2,000 sales return on damaged goods from the customer. Cost of goods damaged is $ 1,050.
10 Tomas receives payment from the customer on the amount due, less the return and discount.



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  • CreatedJanuary 16, 2015
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