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On April 15, 2026, the following transactions occurred: Alpha Solutions purchased $400,000 of inventory on credit from Beta Suppliers. Beta Suppliers granted a $40,000 discount
On April 15, 2026, the following transactions occurred:
- Alpha Solutions purchased $400,000 of inventory on credit from Beta Suppliers.
- Beta Suppliers granted a $40,000 discount to Alpha Solutions for early payment of the invoice from Transaction 1.
- Gamma Enterprises paid $200,000 in cash for marketing services provided by Delta Marketing.
- Delta Marketing provided $80,000 worth of advertising services to Epsilon Services on credit.
- Epsilon Services returned $40,000 worth of unused marketing materials to Delta Marketing.
- Zeta Industries sold equipment for $450,000 cash to Theta Corporation.
- Theta Corporation paid $70,000 for consulting services provided by Iota Consulting.
- Iota Consulting granted a $12,000 discount to Theta Corporation for prompt payment of the consulting invoice.
- Kappa Ventures received a $180,000 loan from Lambda Bank.
- Lambda Bank charged $18,000 as interest on the loan provided to Kappa Ventures.
- Mu Corporation sold $400,000 worth of products to Nu Inc. on credit.
- Nu Inc. paid $320,000 in cash to Mu Corporation for products delivered.
Please journalize these transactions for the respective companies involved.
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