{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-15T09:32:46-04:00", "answer_date": "2024-06-15 09:32:46", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "3072589", "url": "\/study-help\/questions\/on-july-2017-alpha-company-purchased-inventory-from-its-japanese-3072589", "question_creation_date_js": "2024-06-15T09:32:46-04:00", "question_creation_date": "Jun 15, 2024 09:32 AM", "meta_title": "[Solved] On July 2017, Alpha company purchased inv | SolutionInn", "meta_description": "Answer of - On July 2017, Alpha company purchased inventory from its Japanese supply source. Terms of sale were 100,000yen, due 30 | SolutionInn", "meta_keywords": "july,2017,alpha,company,purchased,inventory,japanese,supply,source,terms,sale,100,000yen", "question_title_h1": "On July 2017, Alpha company purchased inventory from its Japanese supply source. Terms of sale were 100,000yen, due 30 days from the purchase date. On", "question_title": "On July 2017, Alpha company purchased inventory from its Japanese supply source.", "question_title_for_js_snippet": "On July 2017, Alpha company purchased inventory from its Japanese supply source Terms of sale were 100,000yen, due 30 days from the purchase date On July 30 2017 Alpha paid for the supplies purchased on 1 July The exchange rate for the year was $0 01 on the date of purchase, and $0 0097 on the date of payment Use this information to prepare Alpha Company's general journal entries to record the purchase and payment for inventory purchased from its Japanese vendor ", "question_description": "

On July 2017, Alpha company purchased inventory from its Japanese supply source. Terms of sale were 100,000yen, due 30 days from the purchase date. On July 30 2017 Alpha paid for the supplies purchased on 1 July. The exchange rate for the year was $0.01 on the date of purchase, and $0.0097 on the date of payment. Use this information to prepare Alpha Company's general journal entries to record the purchase and payment for inventory purchased from its Japanese vendor.<\/p>", "transcribed_text": "", "related_book": { "title": "Accounting Principles", "isbn": "1119491630, 978-1119491637, 978-0470534793", "edition": "10th Edition", "authors": "Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/54.jpg", "uri": "\/textbooks\/accounting-principles-10th-edition-54", "see_more_uri": "" }, "free_related_book": { "isbn": "0944239005", "uri": "\/textbooks\/how-to-pass-nursing-exams-3rd-edition-978-0976006350-269985", "name": "How To Pass Nursing Exams", "edition": "1st Edition" }, "question_posted": "2024-06-15 09:32:46", "see_more_questions_link": "\/study-help\/questions\/business-human-resource-management-2020-May-22", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/joli-signs-and-returns-a-letter-from-kerin-referring-to", "description": "Joli signs and returns a letter from Kerin, referring to a book and its price. When Kerin delivers the book, Joli sends it back, claiming that they have no contract. Kerin claims they do. 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