P6-1B. The following transactions occurred for Food on the Go of Edmonton for the ...

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Accounting

P6-1B. The following transactions occurred for Food on the Go of Edmonton for the
month of June:
2022
June 3 Sold merchandise to Joe Kase Co. on account, $800, invoice No.1.
Cost of inventory was $600.
4 Sold merchandise to Sue Machado Co. on account, $550,
invoice No.2. Cost of inventory was $412.50.
7 Sold merchandise to Long Co. on account, $900, invoice No.3.
Cost of inventory was $675.
11 Issued credit memorandum No.1 to Joe Kase Co. for $160 worth
of merchandise returned. Cost of inventory was $120.
14 Sold merchandise to Sue Machado Co. on account, $700,
invoice No.4. Cost of inventory was $525.
18 Sold merchandise to Long Co. on account, $250, invoice No.5.
Cost of inventory was $187.50.
Single-column journal: journalizing and posting to general
ledger, recording in accounts receivable subsidiary ledger, and
preparing a schedule of accounts receivable
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