Enter the following transactions in a general journal: June 4 Sold merchandise on account to T. Allen,

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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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College Accounting

ISBN: 978-0538745192

20th Edition

Authors: Heintz and Parry

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