Journalize the transactions in a merchandising business in general journal - purchase and sales. See the template below for general journal, purchase journal, and sales journal. (This is the correct template please be guided) Write your answer on a columnar sheet. On January 15, Aeron Trading purchased from Victoria Merchandising goods amounting to ₱30,000 on term 50% down, balance 2/10, n/30. The next day, Aeron Trading issued a ₱2,000 debit memorandum to Victoria Merchandising for the return of defective merchandise bought. On January 20, Aeron Trading paid ₱10,000 as partial payment. Aeron Trading settled in full the outstanding account with Victoria Merchandising on January 25. 1. Journalize the above transactions using periodic inventory system and general journal of: A. Aeron Trading B. Victoria Merchandising

Fill in the blanks for question: Dec. 15: Received a check from Stewart Office Supply for full amount owed on Nov. 15 sale. Transactions with dates are in picture/ screenshot.

Prepare journal entries for the following transactions from Barrels Warehouse. Jul. 1 Sold 5,000 barrels with a sales price of $40 per barrel to customer Luck’s Vineyards. Luck’s Vineyards paid with cash.The cost for this sale is $20 per barrel. Jul. 3 Sold 1,500 barrels with a sales price of $32 per barrel to customer Paramount Apparel.Paramount paid using its in-house credit account. Terms of the sale are 3/10, n/30. The cost for this sale is $17 per barrel. Jul. 5 Sold 1,400 barrels with a sales price of $35 per barrel to customer Melody Sharehouse. Melody paid using her MoneyPlus credit card.The cost for this sale is $18 per barrel. MoneyPlus Credit Card Company charges Barrels Warehouse a 2% usage fee based on the total sale per transaction. Jul. 8 MoneyPlus Credit Card Company made a cash payment in full to Barrels Warehouse for the transaction from July 5, less any usage fees. Jul. 13 Paramount Apparel paid its account in full with a cash payment, less any discounts.…

Pets Unlimited sells pet supplies to retailers. The company uses a perpetual inventory. Journalize the following transactions for the company:   June 1 Sold merchandise for $6,250 with terms 2/10, n/30. Inventory cost was $5,000.   5 Sold merchandise for $10,000 with terms 3/10, n/30. Inventory cost was $6,000.   11 Received a check from the customer paying the balance due within the discount period.