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Carla Vista Company is a furniture retailer and uses the perpetual inventory system. On January 14, 2022, Carla Vista purchased merchandise inventory at a cost
Carla Vista Company is a furniture retailer and uses the perpetual inventory system. On January 14, 2022, Carla Vista purchased merchandise inventory at a cost of $40,500. The inventory was sold on account for $48,000 on January 21, 2022. The accounts payable was settled on January 23, 2022, and the accounts receivables was settled on January 30, 2022. Use a tabular summary to record each of these transactions. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Jan. 14 $ 21 23 30 Cash $ Assets Accounts Receivable Inventory $ $ Liabilities Accounts Payabl + +A Common Stock Stockholder's Equity Retained Earnings Div. Rev. Exp. $
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