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answer both they have different data tables Consider the following transactions for Gaby Packing Supplies: 8 (Click the icon to view the transactions.) Requirements 1.

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answer both they have different data tables

Consider the following transactions for Gaby Packing Supplies: 8 (Click the icon to view the transactions.) Requirements 1. Journalize the purchase transactions assuming Gaby Packing Supplies uses the periodic inventory system. Explanations are not required, 2. What is the amount of net purchases? Requirement 1. Journalize the purchase transactions assuming Gaby Packing Supplies uses the periodic inventory system. Explanations are not required. (Record debits first, then credits. Exclude explanations from journal entries.) Apr. 10: Gaby Packing Supplies buys $156,000 worth of merchandise inventory on account with credit terms of 2/10, n/30. Date Accounts Data Table Apr. 10 Apr. 10 Gaby Packing Supplies buys $156,000 worth of merchandise inventory on account with credit terms of 2/10, n/30. 12 Gaby returns $16,000 of the merchandise to the vendor due to damage during shipment 19 Gaby paid the amount due, less the return and discount. Print Done

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