DATE PARTICULARS DEBIT CREDIT

Dec. 7 Accounts Receivable 30,000

Sales 30,000
To record sold merchandise on credit.

8 Purchases 60,000
Accounts Payable 60,000
Purchased merchandise on account.

9 Shipping Expense 254

Cash 254
Paid shipping charges.

10 Purchases 95,400
Freight cost 600
Accounts Payable 96,000
Purchased merchandise on account added by freight.

13 Purchases 24,000
Accounts Payable 24,000
Purchase on account.

14 Account Receivable 24,000

Sales 24,000
Sold merchandise on credit.

14 Accounts Receivable 6,000

Purchased Return 6,000
Record returned damaged merchandise.

17 Cash 30,000
Accounts Receivable 30,000
Received check.

18 Account Receivable 4,000

Purchase Return 4,000
Record Purchase return of the office supplies.

19 Cash 18,000
Sales 18,000
Sold Merchandise.

20 Accounts Payable 96,000

Cash 96,000
Paid for the purchase on Dec. 10.

21 Accounts Payable 54,000

Cash 54,000
Paid for the balance from transactions from dec. 8 and 14.

24 Sales Return 22,000

Accounts Receivable 22,000
Accepted a return of merchandise.