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Alpha Graphics competed the following transactions during June june 2 Purchased inventory for cash, $ 775 5 Purchased store supplies on credit terms of net
Alpha Graphics competed the following transactions during June june 2 Purchased inventory for cash, $ 775 5 Purchased store supplies on credit terms of net earn, $ 725 8 Purchased inventory of $ 6,000. plus freight charges of 250. Credit terms are 3/15,n/30 9 Sold foods for cash. $ 1.550. Alpha Graphics' cost of goods was $ 750 11 Returned $ 1.000 of the inventory purchased on June 8 It was damaged. 12 Purchased inventory on credit terms of 3/10,n/30, $ 3,800 14 Sold inventory on credit terms of 2/10,n/30 $ 9.600 ( cost $ S,000) 16 Paid utility expenses, S 900 20 Received returned inventory from June 14 sale, $ 400. Alpha Graphics shipped the wrong goods by mistake Alpha Graphics' cost of the Inventory received was $ 250 22 Paid supplier for goods purchased on June 8 less the return (June 11) and the discount 23 Received $ 6.860 cash In partial settlement of his account from the customer who purchased inventory on June 14. Granted the customer a 2% discount and credited his account receivable for $ 7.000. 30 Paid for the store supplies purchased on June S. REQUIREMENT: Journalize the preceding transactions on the books of Alpha Graphics (in good form). journal only for all transactions
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