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B Shankar Company uses a perpetual system to record Inventory transactions. The company purchases inventory on account on February 2 for $26,000 and then sells
B Shankar Company uses a perpetual system to record Inventory transactions. The company purchases inventory on account on February 2 for $26,000 and then sells this inventory on account on March 17 for $46,000 Record transactions for the purchase and sale of Inventory. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 2 3 Record the purchase of inventory on account Note: Enter detits before General Journal Debit Credit Date February 02 Record entry Clear entry View general journal
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