journal entry worksheet

Prepare journal entries to record each of the following transactions. The company records purchases using the gross method and a perpetual inventory system. Aug. 1 Purchased merchandise with an invoice price of $63, eee and credit terms of 3/10, n/30. Aug. 11 Paid supplier the amount owed from the August 1 purchase. View transaction list Journal entry worksheet Purchased merchandise with an invoice price of $63,000 and credit terms of 3/10, n/30. Note: Enter debits before credits. Date General Journal Debit Credit Aug 01 Aug. 1 Purchased merchandise with an invoice price of $63,000 and credit terms of 3/10, n/30. Aug. 11 Paid supplier the amount owed from the August 1 purchase. View transaction list Journal entry worksheet Paid supplier the amount owed from the August 1 purchase. Note: Enter debits before credits Date General Journal Debit Credit Aug 11