Knowledge Check $01$ Roberto Company uses a perpetual inventory system. On December $1,$ the company purchased $ $3,300$ of merchandise for cash. Complete the following joumal entry by selecting the account names from the drop$-$down menus and entering the dollar amounts in the debit or credit columns. Journal entry worksheet Roberto Company uses a perpetual inventory system. On December $1,$ the company purchased $ $3,300$ of merchandise for cash. Foote$-$ Frater debills belore crentits.Knowledge Check $01$ A buyer uses a perpetual inventory system, and it purchased $ $4,000$ of merchandise on credit terms of $2/10,$ n$/30$ on December $5.$ Later, on December $15,$ the buyer pays the invoice in full. Complete the buyer's journal entry for payment by selecting the account names from the drop$-$down menus and entering the doilar. amounts in the debit of credit columns. Journal entry worksheet A buyer uses a perpetual inventory system, and it purchased $ $4,000$ of merchandise on credit terms of $2/10,$N $/30$ on December $5.$ Later, on December $15,$ the buyer pays the invoice in full. Nole$-$ Enter debiti before crerdits.Knowledge Check $01$ A buyer uses a perpetual inventory system, and on December $7,$ it contacts its supplier to report that some of the merchandise purchased on December $5$ was defective. The seller offered to reduce the merchandise price by $ $400.$ The buyer agreed to keep the defective merchandise under those terms. Complete the buyer's necessary journal entry by selecting the account names from the drop$-$down menus and entering the dollar amounts in the debit or credit columns. Journal entry worksheet A buyer uses a perpetual inventory system, and on December $7,$ it contacts its supplier to report that some of the merchandise purchased on December $5$ was defective. The seller offered to reduce the merchandise price by $ $400.$ The buyer agreed to keep the defective merchandise under those terms. Note: Fitur destits befate credits.A buyer uses a perpetual inventory system, and it purchases merchandise on terms of FOB shipping point. On December $20,$ the shipping company sends an invoice for $ $125$ to the party responsible fot the freight charges, and cash poyment is made immediately. Complete the buyer's necessary journal entry by selecting the account names from the drop$-$down menus and entering the dollar amounts in the debit or credit column. Journal entry worksheet A buyer uses a perpetual inventory system, and it purchases merchandise on terms of FOB shipping point. On December $20,$ the shipping company sends an invoice for $ $125$ to the party responsible for the freight charges, and cash payment is made immediately.