Putter Pilot Supplies is a golf and aviation supply store. Putter Pilot uses perpetual inventory. Use a
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Putter Pilot Supplies is a golf and aviation supply store. Putter Pilot uses perpetual inventory. Use a General Journal to journalize the following four transactions during the month of March:
(a) On March 4th Putter purchases inventory for sale from Plane Stuff Wholesalers for $9,750.00 with terms 1/10, n/30.
(b) On March 5th Putter pays Airborne Transfer $65 for freight-in on the March 4th order.
(c) On March 12th Putter buys an additional $12,985 in inventory from Plane Stuff Wholesalers with terms 1/10, n/30.
(d) On March 22nd Putter pays Plane Stuff Wholesalers the balance due.
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Related Book For
Horngrens Financial and Managerial Accounting
ISBN: 978-0133866292
5th edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
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