Biology Forums - Study Force

Other Fields Homework Help Accounting Topic started by: bravata on Feb 20, 2017



Title: Aspen, Inc. purchased merchandise from Crimson Corp. for cash. The journal entry for Aspen, Inc. ...
Post by: bravata on Feb 20, 2017
Aspen, Inc. purchased merchandise from Crimson Corp. for cash. The journal entry for Aspen, Inc. under a perpetual inventory system will be:
A) debit Inventory; credit Cash.
B) debit Cash; credit Inventory.
C) debit Inventory; credit Accounts Payable-Crimson Corporation.
D) debit Inventory; credit Accounts Receivable-Crimson Corporation.


Title: Re: Aspen, Inc. purchased merchandise from Crimson Corp. for cash. The journal entry for Aspen, Inc. ...
Post by: antonio_john on Feb 20, 2017
Content hidden


Title: Re: Aspen, Inc. purchased merchandise from Crimson Corp. for cash. The journal entry for Aspen, Inc. ...
Post by: bravata on Jul 12, 2017
Let me just say, you are awesome :D