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LLILRING the SUBMIT button is a ONE-TIME ACTION. ONCE YOU TUJHED and your SCORE is recorded. This means you cannot re-open the examination to continue

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LLILRING the SUBMIT button is a ONE-TIME ACTION. ONCE YOU TUJHED and your SCORE is recorded. This means you cannot re-open the examination to continue answering, Question 11 25 pts Journalize the following selected transactions for Nine-Nine Cold Mart in general journal form. A 12% VAT is included on all purchases. Determine the ending balances of each supplier, as well as the total accounts payable balance. April 8 Purchased goods for P12,320 from Peralta Dairy Products. Terms: 1/10, 1/60, FOB Shipping Point. Freight Collect. 9 11 Paid cash to Peralta Dairy Products for the freight bill, P616. Received a credit memo from Peralta Dairy Products for goods returned, P5,600 Cash purchases for goods from Jeffords Enterprise, P17.360. 13 16 Purchased merchandise from Boyle Foods for P30,800, including freight of P1,400. Terms: 2/10,n/30, FOB Shipping Point. Freight Prepaid. 20 Received a cash refund from Jeffords Enterprise for damaged goods, P1.792 22 Ordered goods from Holt Trading, P45.000. Terms: 3/10. n/30. FOB Shipping Point. Freight Collect P500. 25 Issued a check to Boyle Foods in full of account Holt was paid 50% of the account plus freight upon the receipt of the goods. 29 Note: For your answers, insert a table with 4 columns Column 1 for the date. Column 2 lor account title. Column 3 for debits, and Column 4 for credits. Adjust column sizes accordingly. Include a short explanation for each joumal entry Round off amounts to the nearest peso

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