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record the all transactions for july that should be journalized in sales journal and cash...

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Accounting

record the all transactions for july that should be journalized in sales journal and cash recipt journal image
Corona Company uses a sales journal, a cash receipts journal, and a general journal to record transactions with its customers. July 2 Sold merchandise for $18,000 to M. Jordan on account. Credit terms 2/10, n/30. Sales invoice No. 100. The cost of the merchandise sold was $11,700. July 5 Received a check for $1,300 from K. Bryant in payment of his account. July 8 Sold merchandise to S. O'Neal for $900 cash. The cost of the merchandise sold was $585 July 10 Received a check for $17,640 from M. Jordan in payment of an invoice dated July 2 for $18,000 July 15 Sold merchandise for $7,000 to K. Jabbar on account. Credit terms 1/10, n/30. Sales invoice No. 101. The cost of the merchandise sold was $4,550. July 18 Borrowed $15,000 cash from Pacific Bank signing a 5-month10. note July 20 Sold merchandise for $12,000 to J. West on account. Credit terms 1/10, n/30. Sales invoice No. 102. The cost of the merchandise sold was $7.800 July 31 Received a check from K. Jabbar for $5,500 as payment on account, no discount given REQUIRED: Record the transactions for July that should be journalized in sales journal and cash receipt journal

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