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On January 2.intod sold merchandise on account to R. James for 549,000, terms 30. The company uses a perpetual inventory temand the merchandise originally 50

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On January 2.intod sold merchandise on account to R. James for 549,000, terms 30. The company uses a perpetual inventory temand the merchandise originally 50 100 Only Rome Cinton month, not in settlement of this count on April 30. Cimon's year-endsting entries were made on 1. R. Jamespaid there and accederet. Prepare there for record the stove transactions. Credit accounts are outomatically indented when the mount sted. Domindent metry is reparto try the contender for the one Date Account Titles and Explanation Dehat Credit port (To records To record cost of merchandise

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