The Sears company had the following business transactions during December: Reguired: Match the appropriate special journals with the business transactions. Write the correct letter from the special journal in the table below Sold merchandise on credit for $12,000 to Jufair Company. The cost A Cash Payment journal of the goods sold is $4,000. Credit terms 2/10, n/30. Invoice No. 167 B. Purchases joumal C Cash Receipt joumal Purchased merchandise on credit for $3,500 from Juffair Company, D. Sales journal C. erms 3/15, n/60. D. sold merchandise for $1,000 cash to CAR corp., Invoice No. 145. The cost of the goods sold is $400, - Paid the amount owed to ABC Company. Check No. 187,
The Sears company had the following business transactions during December: Reguired: Match the appropriate special journals with the business transactions. Write the correct letter from the special journal in the table below Sold merchandise on credit for $12,000 to Jufair Company. The cost A Cash Payment journal of the goods sold is $4,000. Credit terms 2/10, n/30. Invoice No. 167 B. Purchases joumal C Cash Receipt joumal Purchased merchandise on credit for $3,500 from Juffair Company, D. Sales journal C. erms 3/15, n/60. D. sold merchandise for $1,000 cash to CAR corp., Invoice No. 145. The cost of the goods sold is $400, - Paid the amount owed to ABC Company. Check No. 187,
Century 21 Accounting General Journal
11th Edition
ISBN:9781337680059
Author:Gilbertson
Publisher:Gilbertson
Chapter10: Accounting For Sales And Cash Receipts
Section: Chapter Questions
Problem 1AP
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