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journal entries please dont use abbreviation Hello all time for the 2nd round of journal entries. The company sells Gizmos which is a product they
journal entries please dont use abbreviation Hello all time for the 2nd round of journal entries. The company sells Gizmos which is a product they purchase from a supplier. It is a retail sales company. 1/5/2020 - the company purchased 100 units at $75 each for a total of $7,500. The terms were, 2/10 net30. This was the first time the company purchased the inventory item. 1/10/2020 - the company purchased another 100 units at $80 each for a total of $8,000. The terms were 2/10et30 1/14/2020 - the company paid both invoices (1/5 and 1/10 purchases) Please post your entries to your tab by Sunday at 9pm
journal entries please dont use abbreviation
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