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Howie Jewelers uses a perpetual Inventory system and had the following purchase transactions Joumaliza Click the icon to view the transactions) cessary transactions Explanations are
Howie Jewelers uses a perpetual Inventory system and had the following purchase transactions Joumaliza Click the icon to view the transactions) cessary transactions Explanations are not required Journalize all necessary transactions in the order they are presented in the transaction list Record debits first, then credits. Exclude explanations from jumalaties. Round all numbers to the nearest whole ola Jun 20: Purchased inventory of $5.100 on count from Sanders Diamonds awwery importer Terms were 215, 25, FOB shipping point Date Accounts Debit Credt Jun 20 Jun 20 Paid freight charges, $400. Date Jul 4 Retumed 600 of inventory to Sanders Date Accounts Credit Choose from any list or enter any number in the input fields and then continue to the next Question Howie Jewelers uses a perpetual inventory system and had the following purchase transactions. Journalize all necessary transactions. Explanations a (Click the icon to view the transactions.) Jul. 4: Returned $600 of inventory to Sanders. Date Accounts Debit Credit Jul 4 Jul. 14: Paid Sanders Diamonds, less return. Date Accounts Debit Credit Jul 14 Jul. 16: Purchased inventory of $3,500 on account from Southboro Diamonds, a jewelry importer. Terms were 2/10, n/EOM, FOB destination. Date Accounts Debit Credit Jul. 16 Choose from any list or enter any number in the input fields and then continue to the next question. Howie Jewelers uses a perpetual inventory system and had the following purchase transactions. Joumalize all necessary transactions. E (Click the icon to view the transactions.) Jul. 16: Purchased inventory of $3,500 on account from Southboro Diamonds, a jewelry importer. Terms were 2/10,n/EOM, FOB destina Date Accounts Debit Credit Jul. 16 Jul. 18: Received a $300 allowance from Southboro for damaged but usable goods. Accounts Debit Date Credit Jul. 18 Jul 24: Paid Southboro Diamonds, loss allowance and discount Date Accounts Debit Credit Jul. 24 Choose from any list or enter any number in the input fields and then continue to the next question. me following purchase transactions. Journalize all necessary transactions. Explanations are not required. thboro Diamonds, a jewelry importer. Terms were 2/10, n/EOM, FOB destination. Debit Credit * More Info Jun. aged but usable Jul. 20 Purchased inventory of $5,100 on account from Sanders Diamonds, a jewelry importer. Terms were 2/15, n/45, FOB shipping point. 20 Paid freight charges, $400. 4 Returned $600 of inventory to Sanders. 14 Paid Sanders Diamonds, less return. 16 Purchased Inventory of $3,500 on account from Southboro Diamonds, a jewelry importer. Terms were 2/10, n/EOM, FOB destination. 18 Received a $300 allowance from Southboro for damaged but usable goods. 24 Paid Southboro Diamonds, less allowance and discount. count Print Done fields and then continue to the next
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