Metro Sports Distributors had this transaction that occurred on June 15. Instructions 1. Analyze the sales slip
Question:
Metro Sports Distributors had this transaction that occurred on June 15.
Instructions
1. Analyze the sales slip shown. In your working papers, record the required entry on page 3 of the sales journal.
2. Post to the customer’s account in the accounts receivable subsidiary ledger.
Transcribed Image Text:
METRO SPORTS DISTRIBUTORS Kingston Mall, Williamsburg, Virginia 23185 M&M Consultants 2816 Mt. Odin Drive Williamsburg, VA 23185 CASH CHARGE TERMS ✓ 3/15, n/45 UNIT QTY. DESCRIPTION PRICE AMOUNT 10 Golf Bags $ 50.00 $ 500 00 2 doz. Ladies Golf Shirts 100.00/doz 200 00 20 Golf Caps 6.00 120 00 SUBTOTAL $ 820 00 SALES TAX 41 00 Thank You! TOTAL $861 00 DATE: June 15, 20-- SOLD TO CLERK RDP NO. 113
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ANSWER Based on the information provided the required entry on page 3 of the sales ...View the full answer
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