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Example// 4 The following are some transactions that occur in Tikrit company during 2019 1- In 5/May, company purchased Merchandise for 100,000 on account with
Example// 4 The following are some transactions that occur in Tikrit company during 2019 1- In 5/May, company purchased Merchandise for 100,000 on account with trade discount %10, and with terms 5/10, 2/15, n/30. 2- 7/May Tikrit company Paid 40,000 cash. 3-17/May company paid 21000 4-4/June company paid the remaining cash Required: record the accounting entries that necessary
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