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How to do jounals? Instructions The beginning inventory of merchandise at Dunne Co. and data on purchases and sales for a three-month period ending June

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How to do jounals?

Instructions The beginning inventory of merchandise at Dunne Co. and data on purchases and sales for a three-month period ending June 30, 2016, are as follows: Date Transaction Number of Units Per Unit Total Apr. 3 Inventory $1,200 $30,000 8 Purchase 1,240 93,000 40 11 Sale 2,000 80,000 2,000 60,000 30 Sale 30 May 8 Purchase 60 1,260 75,600 2,000 100,000 10 Sale 50 19 sale 20 2,000 40,000 1,260 100,800 28 Purchase 80 June 5 sale 2,250 90,000 40 2,250 56,250 16 Sale 21 Purchase 1,264 44,240 35 2,250 28 Sale 44 99,000

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