Plymouth Sharks Hockey Accessories had the following transactions involving the sale of merchandise. You are to prepare the necessary general journal entries. All sales are subject to a 6% sales tax and have a 2/10, n/30 discount terms.
December 2 Sold merchandise priced at $\$ 100$ to Cathy Norton on account. December 4 5old merchandise priced at $\$ 125$ to a cash customer.
December 10 Payment from Cathy Norton received.
December 16 Eash customer returned \$47 worth of merchandise.
-Prepare the necessary general journal entry for December 10.

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The Answer of Plymouth Sharks Hockey Accessories had the following transactions involving the sale of merchandise. You are to prepare the necessary general journal entries. All sales are subject to a 6% sales tax and have a 2/10, n/30 discount terms.
December 2 Sold merchandise priced at $\$ 100$ to Cathy Norton on account. December 4 5old merchandise priced at $\$ 125$ to a cash customer.
December 10 Payment from Cathy Norton received.
December 16 Eash customer returned \$47 worth of merchandise.
-Prepare the necessary general journal entry for December 10.

Plymouth Sharks Hockey Accessories Had the Following Transactions Involving the Sale