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Sales Journal Question Edmonton. The following transactions occurred in June: \table[[20x>,,],[June,1,\table[[Sold merchandise to Joe...

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Accounting

Sales Journal
Question
Edmonton. The following transactions occurred in June:
\table[[20x>,,],[June,1,\table[[Sold merchandise to Joe Kase Co. on account, $400, invoice No.702. Cost of inventory was],[$280.]]],[4,\table[[Sold merchandise to Sue Moore Co. on account, $600, invoice No.703. Cost of inventory was],[$420.]]],[8,Sold merchandise to Long Co. on account, $700, invoice No.704. Cost of inventory was $490.],[11,\table[[Issued credit memorandum No.34 to Joe Kase Co. for $150 worth of grocery merchandise],[returned because of spoilage. Cost of inventory was $105.]]],[15,\table[[Sold merchandise to Sue Moore Co. on account, $180, invoice No.705. Cost of inventory was],[$126.]]],[18,Sold merchandise to Long Co. on account, $300, invoice No.706. Cost of inventory was $210.],[25,\table[[Sold merchandise to Joe Kase Co. on account, $1,200, invoice No.707. Cost of inventory was],[$840.]]]]
Required
a. Using Problem 6-2A Worksheet, journalize the transactions in the appropriate journals.
b. Record in the accounts receivable subsidiary ledger.
c. Prepare a schedule of accounts receivable.
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