Fill out the missing boxes below Transcribed Image Text: No

Fill out the missing boxes below Transcribed Image Text: No.
Date
Account Titles and Explanation
Debit
Credit
1.
Dec. 3 v
Accounts Receivable
654,200
Sales Revenue
654,200
(To record credit sale)
Dec. 3 v
Cost of Goods Sold
373,500
Cost
Inventory
373,500
(To record cost of merchandise sold)
Dec. 3 v Freight-Out
390
Cash
390
(To record freight charges)
2.
Dec. 8 v
Sales and Returns Allowances
23,900
Accounts Receivable
23,900
3.
Dec. 13 v
Cash
605,088
Sales Discounts
25,212
Accounts Receivable
630,300
Assume that Sunland Company received the balance due from Marigold Co. on January 2 of the following year instead of December 13. Prepare the journal entry to record the receipt of payment on January 2. (Credit account titles are automatically inden
not indent manually.)
Date
Account Titles and Explanation
Debit
Credit
Jan. 2 v

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