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omework 60 1 0 points eBook Print Saved During the months of January and February, Axe Corporation purchased goods from three suppliers. The sequence of
omework 60 1 0 points eBook Print Saved During the months of January and February, Axe Corporation purchased goods from three suppliers. The sequence of events was as follows: January 6 Purchased goods for $2,100 from Green with terms 3/10, n/30. January 6 Purchased goods from Munoz for $1,800 with terms 3/10, n/30. January 14 Paid Green in full. February 2 Paid Munoz in full. February 28 Purchased goods for $800 from Reynolds with terms n/45. Required: Prepare journal entries to record the transactions, assuming Axe records discounts using the gross method in a perpetual inventory system. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Mc Graw Hill View transaction list Journal entry worksheet 1 2 3 4 5 Record the inventory purchased of $2,100 on account from Green with terms 3/10, n/30. Note: Enter debits before credits Date January 06 General Journal Debit Credit Help ht During the months of January and February, Axe Corporation purchased goods from three sequence of events was as follows: January 6 Purchased goods for $2,100 from Green with terms 3/10, n/30. January 6 Purchased goods from Munoz for $1,800 with terms 3/10, n/30. January 14 Paid Green in full. February 2 Paid Munoz in full. February 28 Purchased goods for $800 from Reynolds with terms n/45. Required: Prepare journal entries to record the transactions, assuming Axe records discounts using th in a perpetual inventory system. (If no entry is required for a transaction/event, select "No- Required" in the first account field.) View transaction list Journal entry worksheet During the months of January and February, Axe Corporation purchased goods from thre sequence of events was as follows: January 6 Purchased goods for $2,100 from Green with terms 3/10, n/30. January 6 Purchased goods from Munoz for $1,800 with terms 3/10, n/30. January 14 Paid Green in full. February 2 Paid Munoz in full. February 28 Purchased goods for $800 from Reynolds with terms n/45. Required: Prepare journal entries to record the transactions, assuming Axe records discounts using in a perpetual inventory system. (If no entry is required for a transaction/event, select "M Required" in the first account field.) View transaction list Journal entry worksheet 6 Saved During the months of January and February, Axe Corporation purchased goods from t sequence of events was as follows: January 6 Purchased goods for $2,100 from Green with terms 3/10, n/30. January 6 Purchased goods from Munoz for $1,800 with terms 3/10, n/30. January 14 Paid Green in full. February 2 Paid Munoz in full. February 28 Purchased goods for $800 from Reynolds with terms n/45. Required: Prepare journal entries to record the transactions, assuming Axe records discounts usi in a perpetual inventory system. (If no entry is required for a transaction/event, selec Required" in the first account field.) View transaction list Journal entry worksheet
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