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EERT . . ll Heading 1 Heading 2 1 Normal Body Text 1 No Spaci. Title Subtitle Font Subtle Em Paragraph Styles Cracko Ltd uses
EERT . . ll Heading 1 Heading 2 1 Normal Body Text 1 No Spaci. Title Subtitle Font Subtle Em Paragraph Styles Cracko Ltd uses a perpetual inventory system. During September, the following transactions and events occurred. All transactions are exclusive (net) of GST Sept 3 Purchased $3,000 of inventory terms 2/5, 1/60 6 Returned $300 of the inventory purchased on Sept 3. 7 12 Paid Freight charges of $150 on goods purchased on Sept 3. Paid for the goods purchased on Sept 3. Sold goods on credit for $1,000, terms 1/5, n/30. Cost of Sales was $400. Received payment from the customer of Sept 13. 13 23 Required Prepare the journal entries to record the transactions and include/add GST (10%) where applicable. Date Previou Debit Particulars Credit 90%
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