On July 7, 2031,  Terry Min, the owner of MIN'S RARE MUSICAL (buyer) sold there min musical instruments to TREKKIES-R-US (seller) on credit for 2/15, n/60 for $7,500 having a cost of $3,500. The payment was made within the discount period.

REQUIRED:

1. Insert a table that is 4 columns wide, and 8 rows high (3rd row of toolbar, 6th item from left). You may add rows should you require them. (3rd row of toolbar, 11th or 12th icon from left). Use the following headings:

Date	Account Titles and Explanation	Dr	Cr

(Optional. Adjust the column width by dragging the vertical line between columns in the header row left or right.)

2. Using the table prepared in Part 1 above, in good form prepare the journal entry/entries for ROCKIN' RETAIL STORE. You may omit explanations.

Answer rating: 100% (QA)

Journal Entries Date Particulars Debit 7Jul Merchandise ... View the full answer