Sadler Company completed the following transactions.
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From the preceding as well as the following additional data on January complete ac:
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Read the requirements.
Requirements and b Journalize the transactions. The company uses the perpetual and allowance methods. Post to Allowance for Doubtful Accounts, Income Summary, and Bad Debts Expense accounts as needed.
Begin by recording the transactions that took place from January through November. Record debits first, then credits. Exclude explanations fron journal entries.
Jan. : Sold merchandise on account to Ella's Supply, $ Cost of merchandise sold, $
Start by recording the revenue from the transaction. Do not record the cost of the sale with this entry. We will do that in the following step.
tableDateAccount Titles,Debit,CreditJangrad,,
Jan. : Sold merchandise on account to Ella's Supply, $ Cost of merchandise sold, $
