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On Nov 11 Al Ain Concepte delivery of $140,000 of merchandise purchases for resale from Dubai Corporation. With the merchandit is an invoice doled Nov

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On Nov 11 Al Ain Concepte delivery of $140,000 of merchandise purchases for resale from Dubai Corporation. With the merchandit is an invoice doled Nov 11 with format 2:10. V60, FOB shoping point. The goods coutube 185,000. When the goods are delivered. Al Ain pays $3.450 to Express tripping for delivery charges on the merchandise On Nov 12. A Ain lume $18.400 of goods to Dubal, which receives them two days later and restore to inventory. The retumed goods and cost Dubai 30.000. On Nov 20 AA mais a check to Dubal Corporation for the amount owed Dubai receives the following day (oh Al Anand Dubla perpetual inventory system) a) Prepare journal entries that An Co. records for these transaction b) Prepare joumal entries that Dual Corporation records for these transactions For the pressure BIV Arial 10 HE a XX, 2 1. X 0 0 0 PM

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