Business, 26.10.2021 22:20 ptrlvn01

Skidmore Music Company had the following transactions in March: a. Sold instruments to customers for $18,000; received $8,000 in cash and the rest on account.
b. The cost of the instruments was $9,000.
c. Purchased $4,000 of new instruments inventory; paid $1,000 in cash and owed the rest on account.
d. Paid $900 in wages to employees who worked during the month.
e. Received $5,000 from customers as deposits on orders of new instruments to be sold to the customers in April.
f. Received a $300 bill for March utilities that will be paid in April.

Required:
Journalize the entries.

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Skidmore Music Company had the following transactions in March: a. Sold instruments to customers f...