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question ple4ase answer recognizing accounts receivable on august 9 gunner co sells 4292591

Question

Ple4ase answer.

Recognizing Accounts Receivable On August 9, Gunner Co. sells $9,300 of merchandise to Taylor Co. on account. Taylor Co. pays for this merchandise on September 1.

Prepare the entry on Gunner's books to record the sale.

Prepare the entry on Gunner's books to record the receipt of payment.

a.

b.

General Journal

Date

Description

Debit

Credit

Aug.9

AnswerAccounts ReceivableCashSales

$Answer

$Answer

 

AnswerAccounts ReceivableCashSales

Answer

Answer

 

To record sales of merchandise.

 

 

       

 

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