Accounting Information Systems

Problem-15: Accounting Information Systems

Hasselback Company has the following selected transactions during March.
Mar. 2Purchased equipment costing $7,400 from Bole company on account.
5Received credit of $410 from Carwell Company for merchandise damaged in shipment to Hasselback..
7Issued credit of $400 to Dempsey Company for merchandise the customer returned. The returned merchandise had a cost of $260.

Hasselback Company uses a one-column purchases journal, a sales journal, the columnar cash journals used in the text, and a general journal.

Instructions

Journalize the transactions in the general journal.

Solution

Hasselback Company

Problems: Accounting Information Systems

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