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Information related to Bramble Corp. is presented below. On April 5 , purchased merchandise on account from Flounder Company for $ 2 9 , 0
Information related to Bramble Corp. is presented below.
On April purchased merchandise on account from Flounder Company for $ terms net FOB shipping point.
On April paid freight costs of $ on merchandise purchased from Flounder.
On April purchased equipment on account for $
On April returned $ of merchandise to Flounder Company.
On April paid the amount due to Flounder Company in full.
a
Prepare the journal entries to record these transactions on the books of Bramble Corp. under a perpetual inventory system.
Credit account titles are automatically indented when amount is entered. Do not indent manualliy. If no entry is required, select No Entry" for the account titles and enter for the amounts.
No
Date
Account Titles and Explanation
Debit
Credi
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