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Consider the following transactions for Bedford Drug Store: (Click the icon to view the transactions.) Requirements 1. Journalize the purchase transactions. Explanations are not required.
Consider the following transactions for Bedford Drug Store: (Click the icon to view the transactions.) Requirements 1. Journalize the purchase transactions. Explanations are not required. 2. In the final analysis, how much did the inventory cost Bedford Drug Store? Requirement 1. Journalize the purchase transactions. Explanations are not required. (Assume the company uses a perpetual inventory system. Round the answers to the nearest whole dollar. Record debits first, then credits. Exclude explanations from journal entries.) Apr. 2: Bedford buys $21,200 worth of inventory on account with credit terms of 1/15, n/30, FOB shipping point. Date Accounts Debit Credit Apr. 2 Apr. 4: Bedford pays a $150 freight charge. Date Accounts Debit Credit Apr. 4 Choose from any list or enter any number in the input fields and then continue to the next question. Consider the following transactions for Bedford Drug Store: (Click the icon to view the transactions.) Requirements 1. Journalize the purchase transactions. Explanations are not required. 2. In the final analysis, how much did the inventory cost Bedford Drug Store? Apr. 4: Bedford pays a $150 freight charge. Date Accounts Debit Credit Apr. 4 Apr. 7: Bedford returns $6,400 of the merchandise due to damage during shipment. Date Accounts Debit Credit Apr. 7 Choose from any list or enter any number in the input fields and then continue to the next question. ? Consider the following transactions for Bedford Drug Store: (Click the icon to view the transactions.) Requirements 1. Journalize the purchase transactions. Explanations are not required. 2. In the final analysis, how much did the inventory cost Bedford Drug Store? Apr. 14: Bedford paid the amount due, less return and discount. Date Accounts Debit Credit Apr. 14 Requirement 2. In the final analysis, how much did the inventory cost Bedford? The inventory cost for Bedford is > Choose from any list or enter any number in the input fields and then continue to the next
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