Question
Journalize the following independent purchases transactions. 1. Purchase merchandise from supplier for P6,720 inclusive of VAT. 2. Merchandise costing P15,000 exclusive of VAT were purchased
Journalize the following independent purchases transactions.
1. Purchase merchandise from supplier for P6,720 inclusive of VAT.
2. Merchandise costing P15,000 exclusive of VAT were purchased from a supplier paying 5,000 down payment and the balance on account.
3. Purchase merchandise on account for P22,400.
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Merchandising Math A Managerial Approach
Authors: Doris Kincade, Fay Gibson, Ginger Woodard
1st Edition
0130995886, 978-0130995889
