question bookmarks 0 50 points e6 13 recording journal entries for net sales with cr 4305239

question bookmarks 0 50 points e6 13 recording journal entries for net sales with cr 4305239

Question

Bookmarks 0.50 points E6-13 Recording Journal Entries for Net Sales with Credit Sales and Sales Dis During the months of January and February, Solitare Corporation sold goods to three customers. The sequence of events was as follows: Jan. 6 Sold goods for $550 to Wizard Inc. with terms 2/10, n/30. The goods cost Solitare $165 Spyder Corp, for $270 wlh tems 2/10, n/30. The goods cost Soltare $15s 14 Collected cash due from Wizard Inc. Feb. 2 Collected cash due from Spyder Corp. 28 Sold goods for $240 to Bridges with terms 2/1 Required: Prepare journal entries to record the transactions, assuming Solitare uses a perpetual inventory system. (If no entry ls required for a transactionlevent, select No Journal Entryuhe first account View transaction list Journal entry worksheet 6 7 Record the sales on account of $550 to Wizard Inc. on terms 2/10, n/30. Note: Enter debits before credits. Date General Journal Debit Credit Jan. 6

 

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