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In Questions 1, 2, 3, 4 prepare the journal entries for the following transactions. Your company, RDV Sports purchased merchandise for $12.000 from ABC. Supply

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In Questions 1, 2, 3, 4 prepare the journal entries for the following transactions. Your company, RDV Sports purchased merchandise for $12.000 from ABC. Supply Company for $12.000 on credit. RDV Sport Company uses a perpetual inventory system. Terms were 1/10, n/30 days. RDV Sport Company gave ABC Supply Company a 90 day, 10%, $12.000 Note Payatle to extend a past due account from october 17^th Prepare adjusting entry for accrued interest. Record payment of the note given to ABC supply Company

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