Journalize the following merchandise transactions. The company uses the perpetual inventory system. a. Sold merchandise on account, $13,800, with terms n/30. The cost of the merchandise sold was $8,970. If an amount box does not require an entry, leave it blank. b. Received payment. If an amount box does not require an entry, leave it blank.

Conquest Company uses a perpetual inventory system. Conquest purchased $1,500 of merchandise on account and payment was made within the discount period. The credit terms were 2/10, n/30. Journalize Conquest's (a) purchase and (b) payment. If an amount box does not require an entry, leave it blank. (a) (b)

Sales transaction Journalize the following merchandise transaction using the net method under a perpetual inventory system. A . Sold merchandise on account $18,000 with terms 1/10, and/30. Because of the goods sold was $10,800. If an amount box does not require an entry leave it blank. B. Received payment less the discount. If an amount box does not require an entry, Leave it blank. See. Refunded $600 to customer for defective merchandise that was not returned. If an amount box does not require an entry, leave it blank.

Journalize the following transactions. Assume the Perpetual inventory system:   December 9: Purchased merchandise from Ree Co. on​ account, $3,300​, F.O.B. shipping point​ (buyer pays​ freight); terms 2​/10, n/30. Freight to be paid on December 20.   December 20: Paid freight on December 9​ purchase, $110.

Assume the perpetual inventory system is used unless stated otherwise. Round all numbers to the nearest whole dollar unless stated otherwise. Journalizing sales transactions—periodic inventory system Journalize the following sales transactions for Sanborn Camera Store using the periodic inventory system. Explanations are not required.

How would I journalize the transactions?

a. Sampson Co. sold merchandise to Batson Co. on account, $35,200, terms 2/15, n/45. b. The cost of the goods sold is $26,400. c. The Batson Co. paid the invoice within the discount period. Assume that both Sampson and Batson use a perpetual inventory system and that Sampson Co. uses the net method of recording sales discounts. If no entry is required, select "No entry required" and leave the amount boxes blank. Journalize the entries that Sampson Company would record for the information above. If an amount box does not require an entry, leave it blank. a. b. C. Journalize the entries that Batson Company would record for the information above. If an amount box does not require an entry, leave it blank. a. b. C.

Travis Company purchased merchandise on account from a supplier for $12,300, terms 2/10, net 30. Travis Company paid for the merchandise within the discount period. Under a perpetual inventory system, record the journal entries required for the above transactions. If an amount box does not require an entry, leave it blank. a. b.