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In the final na lnucul uld the inventory cost Partytime Toys? g purchase transactions $53 Journalizing sy Joader Learning Objecti the following transactions for Derry
In the final na lnucul uld the inventory cost Partytime Toys? g purchase transactions $53 Journalizing sy Joader Learning Objecti the following transactions for Derry Drug Sto Derry Drugstore: buys $23,000 worth of inventory on account with credit terms of 2/15, n/30, un 2 Dery $23,00 FOB shipping point. Derry pays a $110 freight charge 4 8 14 y returns $6,200 of the merchandise due to damage during shipment Derry paid the amount due, less return and discount. Der Requirements 1. Journalize t 2. In the final analysis, how much did the inventory cost Derry Drug Store? the purchase transactions. Explanations are not required
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