Question

Toby Company had the following sales transactions for March:
Mar. 6 Sold merchandise on account to Osbourne, Inc., invoice no. 1128, $ 563.17.
14 Sold merchandise on account to Ortiz Company, invoice no. 1129, $ 823.50.
20 Sold merchandise on account to Bailey Corporation, invoice no. 1130, $ 2,350.98.
24 Sold merchandise on account to Shannon Corporation, invoice no. 1131, $ 1,547.07.
Assume that Toby Company had beginning balances on March 1 of $ 3,569.80 (Sales 411) and $ 2,450.39 (Accounts Receivable 113). Record the sales of merchandise on account in the sales journal (page 24) and then post to the general ledger.



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  • CreatedOctober 21, 2014
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