Record them in the corresponded journal entry (and do charts please): Sales, cas

Question

Record them in the corresponded journal entry (and do charts please):
Sales, cash disbursement, purchase, cash recipe, general journal

(2/10, net 30....if needed)

Dec. 24 Nicole and Matt declare and pay a dividend of 4000 each from the Compnay so they can buy personal Christmas presents (check #124 and #125)


Dec. 26 Denise's Dog Kennel pays for the dog kibble in Invoice # 1201-3
note: (invoice 1201-3 is: The Company delivers the 50 bags of kibble to Denise's Dog Kennel. They bill Denise's $3000. The payment terms are 2/10, net 30.

Explanation / Answer

$4500

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