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O 12 P Journal Entries for purchase Return, and Remittance-Periodic System On March 10, Horne Company purchased 521000 worth of merchandise from James Company, terms

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O 12 P Journal Entries for purchase Return, and Remittance-Periodic System On March 10, Horne Company purchased 521000 worth of merchandise from James Company, terms 1/10, 1/30. On March 12, Horne paid $300 freight on the shipment On March 15. Horne returned 300 of merchandise for credit. Fral payment was made to james on March 19. Home Company uses the periodic inventory system. Required Prepare the journal entries that one should make on March 10 March 12 March 15 and March 19 GENERAL JOURNAL Date Purchase a mandharm Company Check

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