Question
Crane Co. records purchase discounts lost and uses perpetual inventories. Prepare journal entries in general journal form for the following: (a) Purchased merchandise costing $3,600
Crane Co. records purchase discounts lost and uses perpetual inventories. Prepare journal entries in general journal form for the following:
(a)
Purchased merchandise costing $3,600 with terms 1/10, n/30. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.)
| Account Titles and Explanation | Debit | Credit |
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IATF 16949 2016 Plus ISO 9001 2015 Audit Guide And Checklist With ISO 9001 Customer Specific Core Tools And CQI Requirments
Authors: Patrick Ambrose, Systemsthinking .works
2nd Edition
154703355X, 978-1547033553
