Question: hey please do 2 and 3 question please do carefully thank you Question 3 (Marks 6) Outdoors Unlimited has the following transactions. For each transaction,




hey please do 2 and 3 question please do carefully
thank you
Question 3 (Marks 6) Outdoors Unlimited has the following transactions. For each transaction, indicate the appropriate journal, choose from a to e. (a) Sales Journal (b) Purchases Journal (c) Cash Receipts Journal (d) Cash Disbursements Journal (e) General Journal Fill in Letter Below I (1) Purchased $15,000 worth of inventory on account. (2) Sold $2,300 worth of inventory on account. (3) Purchased $5,000 of inventory with cash. 3 ) Focus W Canada) Accessibility: Investigate E BE OL Question 2 (Marks 16) Sky Waller Company uses a Sales Journal, a Purchases Journal, a Cash Receipts Journal, a Cash Disbursements Journal, a General Journal and a perpetual inventory system. The following transactions were completed by Princess Company during the month of July: 3-Jul Iml 6-Jul 11-Jul Sold merchandise for $10,500 (cost 8,200) to the Whistler Corp. on credit, Invoice No. 125. Sold a truck for $23,000 cash. The truck was originally purchased for $52,600. Purchased supplies for $920 cash. Issued a credit memo for $2,550 to Whistler Corp. for returned merchandise. Returned $1,330 of merchandise purchased from Fernie Corp. for credit. Paid monthly salaries of $25,400. Recorded depreciation on buildings of $4,000. 15-Jul 21-Jul 24-Jul 31-Jul Palagipu I Styles 21 Required: (a) Record the transactions that would go into the General Journal. For these transactions create journals entries with date and description. (b) For the transactions that do not get recorded in the General Journal, indicate the name of the correct Special Journal that would be used. IE. Choose from: I Cash Disbursements Journal, Cash Receipts Journal, or Sales Journal. Put solution in table below. Focus 3 mail (4) Sold $3,200 worth of inventory on account. (5) Paid $500 for telus bill. (6) Owner invested $3,000 into the company. The End COD Focus W anada) Accessibility: Investigate L
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