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18 e Question 5 of 11 View Policies Current Attempt in Progress Prepare the journal entries to record the following purchase transactions in Oriole Company's
18 e Question 5 of 11 View Policies Current Attempt in Progress Prepare the journal entries to record the following purchase transactions in Oriole Company's books. Oriole uses a perpetual inventory system. Mar. 12 Oriole purchased $16,000 of merchandise from Dalibor Company, terms 2/10, n/30, FOB destination. 13 The correct company paid freight costs of $185. 14 Oriole returned $3,900 of the merchandise purchased on March 12 because it was damaged. 21 Oriole paid the balance owing to Dalibor. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Record journal entries in the order presented in the problem.) Debit Credit Date Account Titles and Explanation NAI - 78 Question 5 of 11 Date Account Titles and Explanation Debit Credit (To record purchase on account.) (To record purchase return.) WA N W -/8 E Question 5 of 11 (To record purchase return.) (To record payment on account.) Save for Later Attempts: 0 of 1 used Submit
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