PA Prepare journal entries for the following transactions from Barrels Warehouse.
Jul. Sold barrels with a sales price of $ per barrel to customer Luck's
Vineyards. Luck's Vineyards paid with cash. The cost for this sale is $ per barrel.
Jul. Sold barrels with a sales price of $ per barrel to customer Paramount
Apparel. Paramount paid using its inhouse credit account. Terms of the sale are
The cost for this sale is $ per barrel.
Jul. Sold barrels with a sales price of $ per barrel to customer Melody
Sharehouse. Melody paid using her MoneyPlus credit card. The cost for this sale is $
per barrel. MoneyPlus Credit Card Company charges Barrels Warehouse a usage
fee based on the total sale per transaction.
Jul. MoneyPlus Credit Card Company made a cash payment in full to Barrels
Warehouse for the transaction from July less any usage fees.
Jul. Paramount Apparel paid its account in full with a cash payment, less any
discounts.
PA Jars Plus recorded $ in credit sales for the year and $ in accounts
