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Consider the following transactions for Ocean View Drug Store (Click the icon to view the transactions.) Requirements 1. Journalize the purchase transactions Explanations are
Consider the following transactions for Ocean View 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 OceanView 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) May 2: OceanView purchased $23,000 worth of inventory on account with credit terms of 3/15, n/45, FOB shipping point from Beech Medical Supplies Date May 2 hodocs example Get more help - Accounts Search Debit Credit Clear all Check answer 7:41PM 989 12/3/2022
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