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$10$

Tsang Corporation operates in a state with no sales tax. The company uses the perpetual inventory system.

$7\mathrm{.}69$

DATE TRANSACTIONS

points

$20$X$1$

June $5$ Sold merchandise on account to Benson Company; issued Sales Slip $1200$ for $$1,020,$ terms $\frac{n}{30}.$ The cost of the merchandise sold was $$710.$

eBook

Recorded cash sales, $$2,030.$ The cost of merchandise sold was $$1,448.$

References

Required:

Record these transactions in a general journal.

Journal entry worksheet

$1$

$2$

$3$

$4$

$5$

Sold merchandise on account to Benson Company; issued Sales Slip $1200$ for $$1,020,$ terms $\frac{n}{30}.$

Note: Enter debits before credits.

$\backslash$table$[[$Date$,$General Journal,Debit,Credit$],[$June $05,201,,,]]$