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1. For each of the following transactions of Two Wheeler, prepare the appropriate journal entry. April 1: Purchased five units from Duhan Co. for $500

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1. For each of the following transactions of Two Wheeler, prepare the appropriate journal entry. April 1: Purchased five units from Duhan Co. for $500 total, with termis 3/10, n/30, FoB destination, How does this entry alfect the accounting equation? Ind cate the effect on finandal statement items by selecting "." for decrease (or negative effect), " " for increase (or positive effect) and "NiE" for No Entry (or no effect) on the financial statement. rewhouk Y Claid My with Review the iaccounts used in a periotic inventory syseem. April 10. Paid for the Apri i porchase. How ones this entoy altect the accepeting esuatise? Apni 18: Purchased ten units from Clinton Inc, for $900 total, with terms 3/10, N30, FOB destination. How does this entry atfect the accounting equation? Indicate the effect on financial statement items by selecting "-" for decrease (or negative effect), "4" for increase (or positive effect) and "NE" for No Entry (or no on the financial statement: * Chace My Nuer Partially corect April 25, Gald theme unith for 5200 tack, cash How does this entry affect the tocounting equation? 1. For each of the following transactions of Two Wheeler, prepare the approptiate jeurnal entry. April 1: Purchased five units from Duhan Co, for $500 total, with terms 3/10, n/30, FOB destination. How does this entry affect the accbunting equation? Indicate the effect on finandal statement items by selecting "." for decrease (or negative effect), " 4 " for increase (or positive effect) and "NE' for No Entry (or no effect) on the financial statement. Tisthes Review the arcounts ysed in a periotic inventory wystem- Aorl 10: Paid for the Apri 1 purchave. How ones thas entry altect the accoveting equatises Aprit 18: Purchased ten units from Clinton Inc, for $900 total, with terms 3/10, N30, FOB destination. How does this entry affect the accounting equation? Indicate the effect on financial statement items by selecting "-" for decrease (or negative effect), "t" for increase (or positive effect) and "NE" for No Entry (or no on the financial statement. " Chact My Nute Partialy carsect

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