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Journalize transactions using correct rules of debits

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Reference no: EM132276419

Question - Given

1. Received a $46000 check from hotpoint sales on account.

2. Received $295 cash from customer for appliance repair service provided.

3. The customer above returned the appliance that we repaired & stated that the repair work was not satisfactory. We gave them a cash refund of $200.

4. Sent a check for $11365 to Belt and Hose Supply no account.

5. Billed Whirlpool Sales $4365 for appliance repair service provided on account.

6. A portion of the supplies purchased from Motor and Transmission Supply did not meet manufacturer specification for appliance replacement parts. We returned these parts for a credit on our account of $2060.

7. Billed Maytag Sales for $1400 for appliance repair services provided on account.

Question: Journalize the 7 transactions using the correct rules of debits and credit.

Reference no: EM132276419

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