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EXAM B twiley.com NWP As... 25 Question 11 of 12 View Policies Current Attempt in Progress < Information related to Flint Co. is presented
EXAM B twiley.com NWP As... 25 Question 11 of 12 View Policies Current Attempt in Progress < Information related to Flint Co. is presented below. -/15 ! On April 5, purchased merchandise on account from Metlock Company for $27,300, terms 2/10, net/30, FOB shipping point. 1. 2. On April 6, paid freight costs of $830 on merchandise purchased from Metlock. 3. On April 7, purchased equipment on account for $32.800. 4. On April 8, returned $6,800 of merchandise to Metlock Company. 5. On April 15, paid the amount due to Metlock Company in full. Credit (a) Prepare the journal entries to record these transactions on the books of Flint Co. under a perpetual inventory system. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) No. Date Account Titles and Explanation 1. Debit
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