8. Performance Computers has the following transactions in September related to the sale of merchandise...
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8. Performance Computers has the following transactions in September related to the sale of merchandise inventory (Click the icon to view the transactions.) Journalize the sales transactions for Performance Computers assuming the company uses the perpetual inventory system. (Record debits first, then cr Sept 12: Sold computers on account for $11.900 to a customer, terms 1/15, n/45. The cost of the computers is $7 140 Begin by preparing the entry to journalize the sale portion of the transaction. Do not record the expense related to the sale. We will do that in the followin Accounts Debit Date Credit Sept. 12 er 12 Sold computers on account for $11,900 to a customer, terms 1/15, n/45. The cost of the computers is $7,140. 21 Accepted a $1,800 return from a customer from September 12. The computer returned had a cost of $1,080. 26 Received payment from the customer on balance due
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