Answered

Westonci.ca is the ultimate Q&A platform, offering detailed and reliable answers from a knowledgeable community. Discover comprehensive solutions to your questions from a wide network of experts on our user-friendly platform. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts.

2. The following transactions were completed by Weyno Co. (seller) and MM Co. (Buyer) during
the month of July, 2021.
July 1: Weyno Co. Sold merchandise on Account to MM Co., Br. 6,000, terms FOB shipping
point, 2/10 n/30.
July 2: MM Co. paid freight of $350 on July 1 Purchase from Weyno Company
July 5: Weyno Company Sold merchandise on account to MM Co., $8,000, terms FOB
Destination, n/30.
July 7: Weyno Company Paid freight of $50 for Delivery of merchandise Sold to MM Co.
on July 5.
July 1: Weyno Company Received payment from MM Co. for sale of July 1.
July 13: Weyno Company Received payment from MM Co. for sale of July 5
Required:
Journalize the preceding transactions in the book of both Weyro Co. (Seller) and MM Co. (buyer).
(7 pts)
​

Sagot :

Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. We appreciate your time. Please come back anytime for the latest information and answers to your questions. We're glad you visited Westonci.ca. Return anytime for updated answers from our knowledgeable team.