Are the numbers in the yellow boxes correct? File Insert Page Layout Formulas Re

Question

Are the numbers in the yellow boxes correct?

File Insert Page Layout Formulas Review View Acrobat Home Cut Copy AutoSum Calibri 11 AA Wrap Text General y Format Painter Blu - STAT Clipboard Paste Merge & Center. $ % , 00.00 Conditional Format Cell | Insert Delete Format Sort & Find & QClear Filter Select Editing - Formatting as Table Styles Styles Font Alignment Number Cells O P 12 Sales returns and allowances 600 Accounts receivable 41 42 43 600 Issued credit memo to Mann Stores for returned goods 17 Cash 5,880 Sales discounts 47 Accounts receivable 6,000 Received payment in full from Mann Stores. 49 20 Sales returns and allowances 200 51 52 53 Sales discounts 4 Cash 196 Issued check to Mann Stores for returned goods 57 MANN STORES, INC GENERAL JOURNAL Date Description Debit Credit 59 March 8 Purchases 6,600 61 Accounts payable 6,600 Purchased goods from Southwick Company terms 2/10, n/30 63 HI Color Legend P3-3AP5-6AP7-5A Ready 1 100096 9:54 PM 2/10/2016

Explanation / Answer

Answer: All the entry are correct except one

Accounts Payable A/C $6000

     To Purchase discount                     $120

      To cash                                         $5880

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