Try another version of this question Consider the following transactions for RC Photo: Journalize the purchase transactions assuming RC Photo Shop uses the periodic inventory system.
Date Description Debit Credit April 3 April 3 April 6 April 6 April 20 April 20 April 20 Date Description Debit Credit April 3 A/R 42,300 April 3 Sales Revenue 42,300 April 6 Sales Return & Allowance 1,100 April 6 A/R 1,100 April 20 Cash 39,964 April 20 Sales Discount 1,236 April 20 A/R 41,200