Solution-Record the general journal entries for the

Record the general journal entries for the transactions

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Reference no: EM132743788

Question: Read the description of following transactions that are required during the accounting period for Mario's Electronics.

- Sold $2,200 in merchandise on credit. The transaction did not involve sales tax.

- Gave a $600 allowance to a credit customer for damaged merchandise. The original sale was subject to 8% sales tax.

- Received a check for $200 from a credit customer on account.

- Sold $200 in merchandise for cash. The transaction is subject to 8% sales tax.

- Accepted a return of $100 in merchandise from a credit customer. The original sale was subject to 8% sales tax.

Record the general journal entries for the above transactions. (Round your answer to the nearest whole number.)

Reference no: EM132743788

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Record the general journal entries for the transactions

Reference no: EM132743788

Reference no: EM132743788

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