Oct. 5 Sold merchandise on account, terms 2/10, n/30, to Halloran Co., $13,500. Record the sale net

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Oct. 5 Sold merchandise on account, terms 2/10, n/30, to Halloran Co., $13,500. Record the sale net of the 2% discount. The cost of goods sold was $8,100.

I am needing help to Journal this transaction for a 360 day year.

Credit Debt

Oct. 5 Accounts receivable-Halloran Co.

Sales

Related Book For answer-question

Corporate Financial Accounting

ISBN: 978-1133952411

12th edition

Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac

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Posted Date: May 09, 2024 07:00 AM

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Oct. 5 Sold merchandise on account, terms 2/10, n/30, to Halloran Co., $13,500. Record the sale net

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Corporate Financial Accounting

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