Question: Enter the following transactions in a general journal: June 4 Sold merchandise on account to T. Allen, $1,500.00 plus 6% sales tax, with 1/10, n/30
Enter the following transactions in a general journal:
June 4 Sold merchandise on account to T. Allen, $1,500.00 plus 6% sales tax, with 1/10, n/30 cash discount terms.
7 Sold merchandise on account to K. Bryant, $1,800.00 plus 6% sales tax, with 1/10, n/30 cash discount terms.
11 T. Allen returned merchandise totaling $300.00 from the June 4 sale, for credit.
14 T. Allen paid the balance due from the June 4 sale, less discount.
17 K. Bryant paid the balance due from the June 7 sale, less discount.
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DATE GENERAL JOURNAL DESCRIPTION 20 June 4 Accounts Rece... View full answer
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