Question: Using the company's records that are provided below, you are now required to record transactions that occurred throughout the third week of June. The week
Using the company's records that are provided below, you are now required to record transactions that occurred throughout the third week of June. The week 3 transactions are listed below. Week 3 Date Transaction description 15 Sold 7 boxes of Drinking Chocolate to Candy Rush for $672 each, Invoice No. 823 16 Purchased 18 boxes of Scorched Almonds from East Tangiers Cooperative for $320 each, terms net 30 17 Purchased 18 boxes of Chocolate Bars from Spud's Confectionery for $440 each, terms 2/10, n/30. 17 Candy Man paid $2,000 in partial payment of their account. 18 Paid sales staff wages of $2,226 for the week up to and including yesterday, Check No. 872 18 Received a purchase order from Candy Man. Created a corresponding sales order to deliver 27 boxes of Drinking Chocolate to this customer for $672 each, Invoice No. 825 Made cash sale of 50 boxes of Macadamia Toffee for a list price of $384 each. A trade discount of 25% applies. 20 20 Sugar-hi returned 6 boxes of Liquorice Chocolate that were originally sold for $360 each on 10 June These items cost $216 each and were not faulty or damaged. Issued a Credit Memorandum for $2,160 Using the company's records that are provided below, you are now required to record transactions that occurred throughout the third week of June. The week 3 transactions are listed below. Week 3 Date Transaction description 15 Sold 7 boxes of Drinking Chocolate to Candy Rush for $672 each, Invoice No. 823 16 Purchased 18 boxes of Scorched Almonds from East Tangiers Cooperative for $320 each, terms net 30 17 Purchased 18 boxes of Chocolate Bars from Spud's Confectionery for $440 each, terms 2/10, n/30. 17 Candy Man paid $2,000 in partial payment of their account. 18 Paid sales staff wages of $2,226 for the week up to and including yesterday, Check No. 872 18 Received a purchase order from Candy Man. Created a corresponding sales order to deliver 27 boxes of Drinking Chocolate to this customer for $672 each, Invoice No. 825 Made cash sale of 50 boxes of Macadamia Toffee for a list price of $384 each. A trade discount of 25% applies. 20 20 Sugar-hi returned 6 boxes of Liquorice Chocolate that were originally sold for $360 each on 10 June These items cost $216 each and were not faulty or damaged. Issued a Credit Memorandum for $2,160
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