fill in the journal

Required information For a perpetual inventory system, purchases of inventory are added to the Merchandise Inventory account Discounts, returns, and allowances of purchases are subtracted from Merchandise Inventory, and transportation in costs are added to Merchandise Inventory. Journal entry worksheet Roberto Company uses a perpetual inventory system. On December 1, the company purchased $3,300 of merchandise for cash. Note: Enter debits before credits. Date General Journal Debit Credit Dec 1 Record entry View general journal