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Journalize the May transactions that should be recorded

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Question - Finter Company uses a sales journal, a purchased journal, a cash receipts journal, a cash disbursements journal, and a general journal. The following transactions occur in the month of May.

May 2 Sold merchandise costing $300 to B. Facer for $4450 cash, invoice no. 5703

May 5 Purchased $2400 of merchandise on credit from Manchant Corp.

May 7 Sold merchandise costing $800 to J. Dryer for $1250 terms 2/10, n/30 , invoice no. 5704

May 16 Received $1225 cash from J. Dryer to pay the purchased of May 7.

Required - Journalize the May transactions that should be recorded.

Reference no: EM132536560

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