journalize the november transactions for 1 sallis company and 2 byce company 665813

Nov.

2

Sallis Company sold merchandise on account to Byce Company, $12,500, terms

FOB shipping point, 2/10, n/30. Sallis Company paid transportation costs of

$425, which were added to the invoice. The cost of the merchandise sold was

$7,500.00

8

Sallis Company sold merchandise on account to Byce Company, $21,600, terms

FOB destination, 1/15, n/eom. The cost of the merchandise sold was $13,000.

8

Sallis Company paid transportation costs of $879 for delivery of merchandise

sold to Byce Company on November 8.

12

Byce Company returned $5,000 of merchandise purchased on account on

November 8 from Sallis Company. The cost of the merchandise returned was

$2,900.00

12

Byce Company paid Sallis Company for purchase of November 2, less discount.

23

Byce Company paid Sallis Company for purchase of November 8, less discount

and less return of November 12.

24

Sallis Company sold merchandise on account to Byce Company, $15,000,

terms FOB shipping point, n/eom. The cost of the merchandise sold was

$9,000.00

26

Byce Company paid transportation charges of $400 on November 24 purchase

from Sallis Company.

30

Byce Company paid Sallis Company on account for purchase of November 24.