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Consider the following transactions for Wonderland Toys: untin (Click the icon to view the transactions.) Requirements 1. Journalize the purchase transactions. Explanations are not required.
Consider the following transactions for Wonderland Toys: untin (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 Wonderland Toys? cions Requirement 1. Journalize the purchase transactions. Explanations are not required. (Assume the company uses a perpetuat inven then credits. Exclude explanations from journal entries.) Feb. 6: Wonderland Toys purchased S199,800 worth of ConnectABlock toys on account with credit terms of 2/10,n/30 t Date Accounts Debit Credit Feb. 6 Library w much did the inventory cost Wonderland Toys? X syst - X th natil i More Info purch Feb. 6 Wonderland Toys purchased $199,800 worth of ConnectABlock toys on account with credit terms of 2/10, n/30. Wonderland Toys returned $19,900 of the merchandise to ConnectABlock due to damage during shipment Wonderland Toys paid the amount due, less the return and discount. Feb. 11 Feb. 14 Print Done
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