Journal Entry Cash sales for the week ended December 11 were as follows: Compute

ID: 2586340 • Letter: J

Question

Journal Entry

Cash sales for the week ended December 11 were as follows: Computers, $5,210.25 Peripherals, $587.25 Computer servicing, $710.25.

Cash sales for the week ended December 11 were as follows:

Computers, $5,210.25

Peripherals, $587.25

Computer servicing, $710.25.

Cost of goods, $4,168.00 & $469.80 respectively.

17 Cash sales for the week ended December 18 were as follows:

computers, $5,619.00 peripherals, $1,149.00 computer servicing, $552.75.

Cost of goods $4,495.20 & $919.20 respectively.

17 Cash sales for the week ended December 18 were as follows:

computers, $5,619.00 peripherals, $1,149.00 computer servicing, $552.75.

Cost of goods $4,495.20 & $919.20 respectively.

journal entry would be as follows -

Cash A/c Dr. 6507.75

To Sales (computers) A/c 5210.25

To Peripherals sales A/c 587.25

To Service revenue A/c 710.25

(Being computers, peripherals sales and service performed)

Different -2 journal entries can be done also.(Cash would be on debit side and other on credit side one by one.)

Please note all values are in $.

assumption - peripherals are goods and related to computer.

Please comment in case of any query/clarification.

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