Journalize the following sales transactions for Action Games. Explanations are not required. Jun. 6 15 22 22
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Journalize the following sales transactions for Action Games. Explanations are not required.
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Jun. 6 15 22 22 Jul. 5 Sold $20,000 of video games on account, credit terms are 2/10, n/30, to Game Shop. Cost of goods is $10,000. Action Games received payment from Game Shop on the amount due from June 6. Sold $6,800 of video games on account, credit terms are 1/10, n/45, FOB destination, to Big Box Store. Cost of goods is $3,400. Action Games paid $70 on freight out to Big Box Store. Received payment from Big Box Store on the amount due from June 22.
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Horngrens Financial And Managerial Accounting The Financial Chapters
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