Recording Purchases}

OBJECTIVE Doha Enterprises uses the perpetual system to record inventory transactions. In a recent month, Doha engaged in the following transactions.

a. On April 1, Doha purchased merchandise on credit for \(\$ 25,150\) with terms \(2 / 10, n / 30\).

b. On April 2, Doha purchased merchandise on credit for \(\$ 28,200\) with terms \(3 / 15, n / 25\).

c. On April 9, Doha paid for the purchase made on April 1.

d. On April 25, Doha paid for the merchandise purchased on April 2.

\section*{Required:}

Prepare journal entries for these four transactions.

\section*{Exercise