Question

On February 3, Smart Company sold merchandise in the amount of $5,800 to Truman C the items sold is $4,000 the Company, with
media%2F9e7%2F9e726e27-62d6-4a31-9355-71
0 0
Add a comment Improve this question Transcribed image text
Answer #1

Solution:

Journal Entries - Smart Company
Date Particulars Debit Credit
8-Feb Cash Dr $5,684.00
Sales Discount Dr $116.00
               To Accounts receivables $5,800.00
(To record collection of receivables)
Add a comment
Know the answer?
Add Answer to:
On February 3, Smart Company sold merchandise in the amount of $5,800 to Truman C the...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT