January Purchase on credit of goods from Boréal Itée, conditions 2/10, n/30: $1,000 plus HST, invoice # BO1 Sale of goods on credit to D. Gagnon on conditions n/30: $500 plus HST, invoice #1 (Cost of goods-$300) Sale of goods on credit to Mr. Bédard on conditions 2/10, n/30: $3,200 plus HST, invoice #2 (Cost of goods– $2,500) Mr. Bédard returns defective goods costing $200, sold on January 15 Cash recovery of Mr. Bédard's account relating to the January 15 sale, taking into account the return of defective goods 15 17 25 Work to Do Dascor ontrior to the general iournal

January Purchase on credit of goods from Boréal Itée, conditions 2/10, n/30: $1,000 plus HST, invoice # BO1 Sale of goods on credit to D. Gagnon on conditions n/30: $500 plus HST, invoice #1 (Cost of goods-$300) Sale of goods on credit to Mr. Bédard on conditions 2/10, n/30: $3,200 plus HST, invoice #2 (Cost of goods– $2,500) Mr. Bédard returns defective goods costing $200, sold on January 15 Cash recovery of Mr. Bédard's account relating to the January 15 sale, taking into account the return of defective goods 15 17 25 Work to Do Dascor ontrior to the general iournal

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter12: Current Liabilities

Section: Chapter Questions

Problem 3PB: Review the following transactions, and prepare any necessary journal entries for Sewing Masters Inc....

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