Accounting Information Systems 7th Edition by Cynthia Heagy,Constance Lehmann

Exercise 14

Refer to the data in question 22 and the documents you completed in questions 23 and 24. Because Black Shoe Company has shipped the goods, it needs to record the sales transaction. Additional information for Black is as follows:

Required:
a. Record the sale transaction in the sales journal. Assume that the number of the invoice that Black Shoe Company would have sent to Ingram's Shoe Store is 18899. Your instructor will provide you a blank journal.
b. Post from the sales journal to the appropriate subsidiary ledgers. Your instructor will provide you the blank ledgers.