Sales Journal
Question
Edmonton. The following transactions occurred in June:
tableJunetableSold merchandise to Joe Kase Co on account, $ invoice No Cost of inventory was$tableSold merchandise to Sue Moore Co on account, $ invoice No Cost of inventory was$Sold merchandise to Long Co on account, $ invoice No Cost of inventory was $tableIssued credit memorandum No to Joe Kase Co for $ worth of grocery merchandisereturned because of spoilage. Cost of inventory was $tableSold merchandise to Sue Moore Co on account, $ invoice No Cost of inventory was$Sold merchandise to Long Co on account, $ invoice No Cost of inventory was $tableSold merchandise to Joe Kase Co on account, $ invoice No Cost of inventory was$
Required
a Using Problem A Worksheet, journalize the transactions in the appropriate journals.
b Record in the accounts receivable subsidiary ledger.
c Prepare a schedule of accounts receivable.