1 / 5

LESSON 24-1

LESSON 24-1. Recording International Sales. JOURNALIZING AN INTERNATIONAL SALE. page 706. April 1. Recorded international cash sale, $5,000.00. Memorandum 45. 2. 4. 1. 3. 5. 6. 1. Write the date. 2. Place a check mark. 3. Write the source document number.

karyn-sullivan
Télécharger la présentation

LESSON 24-1

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. LESSON 24-1 Recording International Sales

  2. JOURNALIZING AN INTERNATIONAL SALE page 706 April 1. Recorded international cash sale, $5,000.00. Memorandum 45. 2 4 1 3 5 6 1. Write the date. 2. Place a check mark. 3. Write the source document number. 4. Place a check mark in the Post. Ref. column. 5. Write the sale amount in the Sales Credit column. 6. Write the sale amount in the Cash Debit column. LESSON 24-1

  3. JOURNALIZING TIME DRAFTS page 707 May 10. Received a 60-day, time draft from Simov Co. for an international sale, $6,000.00. Time Draft No. 12. 2 4 3 1 5 6 1. Date 4. Sale amount debit 2. Account debited 5. Account credited 3. Time draft number 6. Sale amount credit LESSON 24-1

  4. JOURNALIZING CASH RECEIPTS FROM TIME DRAFTS page 708 July 9. Received cash for the value of Time Draft No. 12, $6,000.00. Receipt No. 465. 1 2 3 4 5 1. Date 2. Account title 3. Receipt number 4. Amount received credit 5. Amount received debit LESSON 24-1

  5. exports imports contract of sale letter of credit bill of lading commercial invoice draft sight draft time draft trade acceptance TERMS REVIEW page 709 LESSON 24-1

More Related