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5. Record the following transactions as general journal entries. Use the periodic inventory method. Aug. 6 urchased $830 of merchandise on account from Johnston Co.

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5. Record the following transactions as general journal entries. Use the periodic inventory method. Aug. 6 urchased $830 of merchandise on account from Johnston Co. Credit terms ought an $18,000 truck from Pillner Co, paying $3,000 down; balance on Purchased $2,611 of merchandise for cash from Pillner and Co 13 15 17 or the August 6 purchase of merchandise from urchased $1,743 of merchandise from Luis Co. Credit terms 2/10, n/30 aid General Journal atel Account Titles and Descriptionn ebit Credit

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