Neighborhood Lawn Equipment uses a perpetual inventory system. Journalize the following sales transactions for this company. Explanations are not required.
May 18: Sold $ \$ 26,000 $ of merchandise on account, credit terms are $ 1 / 10, n / 30, F O B $ destination. Cost of goods is $ \$ 15,600 $.
May 22: Neighborhood negotiated a $ \$ 600 $ allowance on the goods sold on May 18 . May 24: Neighborhood paid freight of $ \$ 450 $ on the goods sold on May 18 .

Question

Neighborhood Lawn Equipment uses a perpetual inventory system. Journalize the following sales transactions for this company. Explanations are not required.
 May 18: Sold $ \$ 26,000 $ of merchandise on account, credit terms are $ 1 / 10, n / 30, F O B $ destination. Cost of goods is $ \$ 15,600 $.
May 22: Neighborhood negotiated a $ \$ 600 $ allowance on the goods sold on May 18 . May 24: Neighborhood paid freight of $ \$ 450 $ on the goods sold on May 18 .

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The Answer of Neighborhood Lawn Equipment uses a perpetual inventory system. Journalize the following sales transactions for this company. Explanations are not required.
 May 18: Sold $ \$ 26,000 $ of merchandise on account, credit terms are $ 1 / 10, n / 30, F O B $ destination. Cost of goods is $ \$ 15,600 $.
May 22: Neighborhood negotiated a $ \$ 600 $ allowance on the goods sold on May 18 . May 24: Neighborhood paid freight of $ \$ 450 $ on the goods sold on May 18 .

Neighborhood Lawn Equipment Uses a Perpetual Inventory System $26,000 \$ 26,000 $26,000

Neighborhood Lawn Equipment Uses a Perpetual Inventory System $\$ 26,000$