Rally Auto Supplies Company uses a perpetual inventory system.Journalize the following sales transactions for this company.Explanations are not required.
$\begin{array}{|l|l|}
\hline \text { June 10 } & \text { Sold } \$ 14,800 \text { of merchandise on account, } 17 / 30 \text {. Cost of goods is } \$ 6,200 . \
\hline \text { June } 14 & \$ 400 . \
\hline & \text { Received a } \$ 900 \text { sales return from the customer. Cost of the goods is } \
\hline \text { June } 20 & \text { due from the June } 10 \text { sale. } \
\hline
\end{array}$

Question

Rally Auto Supplies Company uses a perpetual inventory system.Journalize the following sales transactions for this company.Explanations are not required.
 $\begin{array}{|l|l|}
\hline \text { June 10 } & \text { Sold } \$ 14,800 \text { of merchandise on account, } 17 / 30 \text {. Cost of goods is } \$ 6,200 . \
\hline \text { June } 14 & \$ 400 . \
\hline & \text { Received a } \$ 900 \text { sales return from the customer. Cost of the goods is } \
\hline \text { June } 20 & \text { due from the June } 10 \text { sale. } \
\hline
\end{array}$

Quizplus · Accepted Answer

The Answer of Rally Auto Supplies Company uses a perpetual inventory system.Journalize the following sales transactions for this company.Explanations are not required.
 $\begin{array}{|l|l|}
\hline \text { June 10 } & \text { Sold } \$ 14,800 \text { of merchandise on account, } 17 / 30 \text {. Cost of goods is } \$ 6,200 . \
\hline \text { June } 14 & \$ 400 . \
\hline & \text { Received a } \$ 900 \text { sales return from the customer. Cost of the goods is } \
\hline \text { June } 20 & \text { due from the June } 10 \text { sale. } \
\hline
\end{array}$

Rally Auto Supplies Company Uses a Perpetual Inventory System