|
Title: A merchandiser, following the perpetual inventory system, has the following transactions during ... Post by: H3Ko on Aug 28, 2016 A merchandiser, following the perpetual inventory system, has the following transactions during August, 2017:
Date Transaction Amount Aug. 5 Purchased inventory on account $ 300,000 Aug. 9 Paid for transportation of goods purchased 25,000 Aug. 10 Returned defective merchandise to the seller 20,000 Aug. 15 Paid for goods purchased on August 5 ? Credit terms of invoice are 2/15, n/45. Give journal entries for the above transactions. Title: Re: A merchandiser, following the perpetual inventory system, has the following transactions during ... Post by: Tanks on Aug 28, 2016 Content hidden
Title: Re: A merchandiser, following the perpetual inventory system, has the following transactions during ... Post by: H3Ko on Oct 12, 2016 I posted this question a while back then forgot to check the forum lol Thanks for answering, you were right
|