BennettBennett

Co. paid

$ 205$205

to

PaulPaul

Co. and received a

$ 25$25

purchases discount. Journalize the entry for

BennettBennett

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

$ 205$205

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

Journal Entry
Date		Accounts	PR	Dr.	Cr.