Question: In the space below, prepare general journal entries, without explanations, for the merchandis May 1 Sold merchandise to Cento Company for $4,800, terms 2/10, n/30,
In the space below, prepare general journal entries, without explanations, for the merchandis May 1 Sold merchandise to Cento Company for $4,800, terms 2/10, n/30, goods cost $3,200. 2 Purchased merchandise from Source Corporation for $12,000, terms 2/10, n/30 3 Gave credit to Cento Company for merchandise returned, $800. Cost of goods re- 4 Purchased merchandise from Treblow Company for $18,800, terms 2/10, n/30 7 Received amount owed from Cento Company for balance of May 1 purchase. 11 Returned $2,800 in merchandise to Treblow Company for credit. 11 Paid Treblow Company in full for purchase of May 4. 15 Paid Source Corporation in full for purchase of May 2
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