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1. On July 1, BerriesRUs agreed to supply 500 units of inventory for $1,500 on credit terms of 4/10, n/30. The cases will be shipped
1. On July 1, BerriesRUs agreed to supply 500 units of inventory for $1,500 on credit terms of 4/10, n/30. The cases will be shipped FOB shipping point You paid the transportation charges of $200 immediately in cash You paid the entire amount due to BerriesRUs on July 8. 2. Protein Shack supplied 180 units of inventory on July 8 for $900 on credit terms of 2/10, n/30. The goods were shipped FOB destination. You paid the amount due on July 23 3. On July 9, JuiceRama shipped 200 units of inventory at a cost of $1,200 with credit'erms of n/45, FOB destination. This amount remains unpaid at the end of the month Record the required journal entries associated with the purchases of inventory. Commas will automatically populate for numerical answers. Do not include dollar signs or decimals in your amounts. First record the purchase of 500 units from BerriesRUs on July 1 (account for shipping costs in the next journal entry). Date Account Debit Record shipping costs (freight-in) on July 1 for the BerriesRUs inventory Date Account Debit Credit Credit Record payment to BerriesRUs on July 8. If there are multiple debits or credits, list accounts in alphabetical order. Date Account Debit Credit Record purchase of 180 units from Protein Shack on July 8. Date Account Debit Credit W Record payment to Protein Shack on July 23. Date Account Record purchase of 200 units from JuiceRama on July 9. Date Account Debit Debit Credit Credit
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