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On October 11,Younger Company Sold Merchandise with a Selling Price

Question 37

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On October 11,Younger Company sold merchandise with a selling price of $6,000 on account to Main Street Office Supplies,with terms 2/10,n/30.No sales returns are expected.On October 20,Younger received the full amount due from Main Street.
Ignoring cost of goods sold,prepare the journal entries for Younger Company using the gross method.Omit explanations.
On October 11,Younger Company sold merchandise with a selling price of $6,000 on account to Main Street Office Supplies,with terms 2/10,n/30.No sales returns are expected.On October 20,Younger received the full amount due from Main Street. Ignoring cost of goods sold,prepare the journal entries for Younger Company using the gross method.Omit explanations.

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