Journalize the following transactions for the Evans Company. Assume the company uses a perpetual inventory system.
a) Sold merchandise for $645. The cost of merchandise sold was $375.
b) Sold merchandise for $432 and accepted VISA as the form of payment. The cost of merchandise sold was $195.
c) Sold merchandise on account for $670. The cost of merchandise sold was $438.
d) Paid credit card fees for the month of $85.

Question

Quizplus · Accepted Answer

The Answer of Journalize the following transactions for the Evans Company. Assume the company uses a perpetual inventory system.
a) Sold merchandise for $645. The cost of merchandise sold was $375.
b) Sold merchandise for $432 and accepted VISA as the form of payment. The cost of merchandise sold was $195.
c) Sold merchandise on account for $670. The cost of merchandise sold was $438.
d) Paid credit card fees for the month of $85.

Journalize the Following Transactions for the Evans Company