Record journal entries for the following transactions for Captain Harry Outfitters. 1. Captain Harry Outfitters purchased 100

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Record journal entries for the following transactions for Captain Harry Outfitters. 

1. Captain Harry Outfitters purchased 100 tents for $10,000 on account. 

2. Captain Harry Outfitters purchased 10 display cases for $2,500 on account. 

3. Captain Harry Outfitters purchased 50 rain ponchos for $100 cash. 

4. Captain Harry Outfitters purchased 25 cartons of price tags for $225 for cash. 

5. Captain Harry Outfitters paid for shipping expenses for the purchase in transaction 1. Cost is $300.

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College Accounting

ISBN: 1986

1st Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Deanna C. Martin, Jill E. Mitchell

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