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es/119414/quizzes/1538677/take Use the provided chart of account to prepare the general journal entries in the space provided below for the following transactions that occurred in
es/119414/quizzes/1538677/take Use the provided chart of account to prepare the general journal entries in the space provided below for the following transactions that occurred in March for Apec, Inc. (Do not abbreviate when writing journal entries.) 1. Mar 10 Purchased 200 units for $10 each with terms 2/10,n30. 2. Mar 15 Sold 90 units for $30 each with terms 1/10, n. 45. The cost of these items was S10 each 3. Mar 20 Paid for March 10h purchase. 4. Mar 25 Received payment for March 15th sale. Chart of Accounts Cash Accounts Receivable Inventory Accounts Payable Sales Sales Discounts Sales Returns and Allowances Cost of Goods Sold Delivery Expense (Write journal entries in proper journal entry format. Do not abbreviate when writing journal entries and make sure you identify which line is the Debit (DR) and which line is a Credit (CR) using one of the following two examples.) Example 1: DR Inventory 4,000 CR Accounts Payable 4,000 Sales Returns and Allowances Cost of Goods Sold Delivery Expense (Write journal entries in proper journal entry format. Do not abbreviate when writing journal entries and make sure you identify which line is the Debit (DR) and which line is a Credit (CR) using one of the following two examples.) Example 1: DR Inventory 4,000 CR Accounts Payable 4,000 OR Debit Credit Example 2: Inventory 4,000 Accounts Payable 4,000 OR Example 3: Debit Inventory 4,000 and Credit Accounts Payable 4,000 HTML Editore BI VA -A- IE - V 3 1 3xx, E E T T : 12pt - Paragraph
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