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On June 4 , Pharoah Company purchased $ 3 7 , 0 0 0 of merchandise from Shamrock Produce on account. Prepare the journal entry
On June Pharoah Company purchased $ of merchandise from Shamrock Produce on account. Prepare the journal entry
to record the purchase on Pharoah Company's books using a perpetual inventory system. If no entry is required, select No Entry"
for the account titles and enter for the amounts. Credit account titles are automatically indented when the amount is entered. Do not
indent manually. List debit entry before credit entry.
Date Account Titles and Explanation
Debit
Credit
Jun.
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