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Need answers ASAP Journalize each of the following transactions assuming a perpetual inventory system. (if no entry is required for a transactian/event, select No journal
Need answers ASAP
Journalize each of the following transactions assuming a perpetual inventory system. (if no entry is required for a transactian/event, select "No journal entry required" in the first account fleld.) Feb. 1 Purehned $16,000 of nerehandine inventory; tama 3/10,n/30. 5 Purehsed for canh $7,200 of merehandine inventory. 6. Purchaned $21,000 of eerehandine inventoryi terna i/25, n/45. 9 Purehased $1,400 of oftice supplies; teran n/15. 10 Contacted a major supplier to place an order for $100,000 of aerchandise in exehange for a 200 trade diacount to be shipped on April 1 poe deatination. 11 Paid for the merchandise purchased on February 1. 24 Faid for the offioe mupplies purehased on February 9. Nar.23 Paid for the Februery 6 purehase. Journal entry worksheet 34678 Record purchase of merchandise for $16,000; terms 1/10,n/30. Note: Enter debits before credits Step by Step Solution
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