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Question

Accounting

6. Prepare the following JE's:
1-Oct Sale on account of $9,781
3-Oct Sale on account of $2,735; collection of $6,000 from previous sale
5-Oct Sale of $1,278 for cash; collection of $1,987 from previous sale
6-Oct Determined customer owing $3,000 is bankrupt
12-Oct Collected $434 from previous sale
15-Oct Sale on account of $6,238; collect $2,000 from previous sale
20-Oct Determined bankrupt customer is able to pay $1,000
24-Oct Collected $1,500 on previous sale
27-Oct Sale of $1,200 on account; collect $634 from previous sale

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