Question

rv and pizza company Problems 12A-1. Liz Viera has opened Pizza and More, a wholesale grocery and pizz The following transactions occurred in March: 201X Mar. 1. Sold grocery merchandise to Felicity Co. on account, $950, invoice no. 1. 4 Sold pizza merchandise to Vow Co. on account, $500, invoice no. 2. 8 Sold grocery merchandise to Spanish Co. on account, $1,200, invoice no. 3. 10 Issued credit memorandum no. 1 to Felicity Co. for $240 of grocery merchandise retur due to spoilage. 15 Sold pizza merchandise to Vow Co. on account, $600, invoice no. 4. 19 Sold grocery merchandise to Spanish Co. on account, $550, invoice no. 5. 25 Sold pizza merchandise to Felicity Co. on account, $300, invoice no. 6. ired

Answer 1

Date		Account titles and explanation		Debit(in $)	Credit(in $)
	Mar-01	Accounts Receivable-Felicity Co.	Inv 1	950
		Sales			950
	Mar-04	Accounts Receivable-Vow Co.	Inv 2	500
		Sales			500
	Mar-08	Accounts Receivable-Spanish Co.	Inv 3	1,200
		Sales			1,200
	Mar-10	Sales Returns and allowance	Mem1	240
		Accounts Receivable-Feliciy Co.			240
	Mar-15	Accounts Receivable-Vow Co.	Inv 4	600
		Sales			600
	Mar-19	Accounts Receivable-Spanish Co.	Inv 5	550
		Sales			550
	Mar-25	Accounts Receivable-Felicity Co.	Inv 6	300
		Sales			300