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Problem #7 On June 8, 2018, Beatriz Onate Curtains...

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Accounting

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Problem #7 On June 8, 2018, Beatriz Onate Curtains sold merchandise for P16,000 to Northern Interiors; terms 2/10, n/30. On June 12, P4,000 worth of the merchandise was returned. On June 18, Beatriz Onate Curtains received a check for the amount due. Onate uses the periodic inventory system. Required: Prepare the journal entries for Beatriz Onate Curtains

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