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On December 3 1 , 2 0 1 5 , Kingston purchased $ 1 7 , 0 0 0 of merchandise inventory on a one
On December Kingston purchased $ of merchandise inventory on a oneyear, note payable. Kingston uses a perpetual inventory system. Requirements Journalize the company's purchase of merchandise inventory on December Journalize the company's accrual of interest expense on June its fiscal yearend. Journalize the company's payment of the note plus interest on December Record debits first, then credits. Select the explanation on the last line of the journal entry table. Requirement Journalize the company's purchase of merchandise inventory on December tableDateAccounts and Explanation,Debit,CreditDec
On December Kingston purchased $ of merchandise inventory on a oneyear, note payable. Kingston uses a perpetual inventory system.
Requirements
Journalize the company's purchase of merchandise inventory on December
Journalize the company's accrual of interest expense on June its fiscal yearend.
Journalize the company's payment of the note plus interest on December
Record debits first, then credits. Select the explanation on the last line of the journal entry table.
Requirement Journalize the company's purchase of merchandise inventory on December
tableDateAccounts and Explanation,Debit,CreditDec
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