Below are the transactions occurred in July 2022 for Ziza Enterprise: Jul 3. Purchased merchandise on...

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Below are the transactions occurred in July 2022 for Ziza Enterprise: Jul 3. Purchased merchandise on account from Shania Enterprise, list price RM24,000, trade discount 25%, term FOB shipping point, 2/10, n30, with prepaid transportation cost of RM700 added to the invoice. 5. Purchased merchandise on account from Papa Enterprise, RM10,250, terms FOB destination, 2/10, n30. 6. Sold merchandise on account to Jasmine Trader, list price RM18,000, trade discount 35%, terms 2/10, n30. The cost of merchandise sold was RM8,250. 7. Returned RM1,800 of merchandise purchased on 5 July from Papa Enterprise. 13. Paid Shania Enterprise on account for purchase of 3 July, less discount. 15. Paid Papa Enterprise on account for purchase of 5 July, less return of July 7 and discount. 16. Received cash on account from sale of 6 July to Jasmine Trader, less discount. REQUIRED: (a) Journalize the transactions of Ziza Enterprise for the month of July 2022. Below are the transactions occurred in July 2022 for Ziza Enterprise: Jul 3. Purchased merchandise on account from Shania Enterprise, list price RM24,000, trade discount 25%, term FOB shipping point, 2/10, n30, with prepaid transportation cost of RM700 added to the invoice. 5. Purchased merchandise on account from Papa Enterprise, RM10,250, terms FOB destination, 2/10, n30. 6. Sold merchandise on account to Jasmine Trader, list price RM18,000, trade discount 35%, terms 2/10, n30. The cost of merchandise sold was RM8,250. 7. Returned RM1,800 of merchandise purchased on 5 July from Papa Enterprise. 13. Paid Shania Enterprise on account for purchase of 3 July, less discount. 15. Paid Papa Enterprise on account for purchase of 5 July, less return of July 7 and discount. 16. Received cash on account from sale of 6 July to Jasmine Trader, less discount. REQUIRED: (a) Journalize the transactions of Ziza Enterprise for the month of July 2022.

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To journalize the transactions of Ziza Enterprise for the month of July 2022 we will record each tra... View the full answer