BenBen

Co. paid

$ 190

to

PeterPeter

Co. and received a

$ 12

purchases discount. Journalize the entry.

Journalize the entry for

BenBen

Co. Assume the perpetual inventory system. (The amount paid of

$ 190

is the net amount due after applying the discount. Record debits first, then credits. Exclude explanations from journal entries.)

Journal Entry
Date		Accounts	PR	Dr.	Cr.