1.Sully sold merchal merchandidse sold is435200. journALIZE THE ENTRIES FOR SULLY and aBUCK FOR THE SALE, LOT ALL DISCOUNTS ARE TAKEN

College Accounting (Book Only): A Career Approach
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Publisher:Scott, Cathy J.
Chapter9: Sales And Purchases
Section: Chapter Questions
Problem 3E: Record the following transactions in general journal form. a. Sold merchandise on account to A....
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Angel Ake
10122122
Intro Acc
Los angeles trade tech. acct1 exam 3 fall 2022
BERIS
Problems
2
1.Sully sold merchandise to buck pon account 58900 terms 2/15 n/430 .the codt of the
merchsndidse sold is435200. journALIZE THE ENTRIES FOR SULLY and aBUCK FOR THE SALE,
PURCHAASE AND PAYMENT FOR THE AMOUNT DUE. ASSUME THAT ALL DISCOUNTS ARE TAKEN
2.FOR THECURRENT YEAR MERCHANDISE IS SOLD FOR 21100 IN CASH AND 341700 ON
ACCOUNT. THE COST OF MERCHANDISE SOLD IS4217200. WHAT IS THE AMOUNT OF GROSS
PROFIT.
12pts
Lais Martinez
Transcribed Image Text:Angel Ake 10122122 Intro Acc Los angeles trade tech. acct1 exam 3 fall 2022 BERIS Problems 2 1.Sully sold merchandise to buck pon account 58900 terms 2/15 n/430 .the codt of the merchsndidse sold is435200. journALIZE THE ENTRIES FOR SULLY and aBUCK FOR THE SALE, PURCHAASE AND PAYMENT FOR THE AMOUNT DUE. ASSUME THAT ALL DISCOUNTS ARE TAKEN 2.FOR THECURRENT YEAR MERCHANDISE IS SOLD FOR 21100 IN CASH AND 341700 ON ACCOUNT. THE COST OF MERCHANDISE SOLD IS4217200. WHAT IS THE AMOUNT OF GROSS PROFIT. 12pts Lais Martinez
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