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Haynes Jewelers uses a perpetual inventory system and had the following purchase transactions. Journalize all necessary transactions. Explanations are not required (Click the icon
Haynes Jewelers uses a perpetual inventory system and had the following purchase transactions. Journalize all necessary transactions. Explanations are not required (Click the icon to view the transactions.) Journalize all necessary transactions in the order they are presented in the transaction list (Record debits first then credes. Exclude explanations from journal entries. Round all numbers to the nearest whole dollar) Jun 20 Purchased inventory of $5,000 on account from Surry Diamonds, a jewelry importer Terms were 1/15, n/45, FOB shipping point Date Accounts Jun 20 Accounts Payable Surry Diamonds Debit Credit
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