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Record the following transactions in general journal form for Ford Education Outfitters and Romero Textbooks, Inc.
- Ford Educational Outfitters bought merchandise on account from Romero Textbooks, Inc., invoice no. 10594, $1,890.09; terms net 30 days; FOB destination. Romero Textbooks, Inc., paid $91.12 for shipping.
- Ford Education Outfitters received credit memo no. 513A from Romero Textbooks, Inc., for merchandise returned, $108.54.
Required:
1. For Ford Education Outfitters. Round your answers to the nearest cent.
| GENERAL JOURNAL | PAGE |
| DATE | DESCRIPTION | DOC. NO. | | POST. REF. | DEBIT | CREDIT |
| (a) | | | | | | |
| | | | | | | |
| | Purchased merchandise from Romero Textbooks, Inc., invoice no. 10594, terms n/30. | |
| | | |
| (b) | | | | | | |
| | | | | | | |
| | Credit memo no. 513A for return of merchandise. | |
2. For Romero Textbooks, Inc. Round your answers to the nearest cent.
| GENERAL JOURNAL | PAGE |
| DATE | DESCRIPTION | DOC. NO. | | POST. REF. | DEBIT | CREDIT |
| (a) | | | | | | |
| | | | | | | |
| | Sold merchandise to Ford Education Outfitters, invoice no. 10594. | |
| | | |
| | | | | | | |
| | | | | | | |
| | Paid for shipment charges | |
| (b) | | | | | | |
| | | | | | | |
| | Issued credit memo no. 513A. | |
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