JOURNALIZING AN INTERNATIONAL SALE

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Presentation transcript:

JOURNALIZING AN INTERNATIONAL SALE 1 2 3 4 5 6 1. Date 2. Check Mark 3. Memorandum Number 4. Check Mark 5. Sale Amount Credit 6. Sale Amount Debit Lesson 19-4, page 506

JOURNALIZING TIME DRAFTS 2 4 1 3 5 6 1. Date 2. Account Debited 3. Time Draft Number 4. Sale Amount Debit 5. Account Credit 6. Sale Amount Credit Lesson 19-4, page 507

JOURNALIZING CASH RECEIPTS FROM TIME DRAFTS 1 2 3 4 5 1. Date 2. Account Title 3. Receipt Number 4. Amount Received Credit 5. Amount Received Debit Lesson 19-4, page 508

TERMS REVIEW exports imports contract of sale letter of credit bill of lading commercial invoice draft sight draft time draft trade acceptance Lesson 19-4, page 509