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OOKKEEPING LEVEL 2-MERCHANDISING AND ADJUSTING RCISES -10 Required: ENTRIES Present the journal entries in the books of the Green Land Supplies Co. and its suppliers

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OOKKEEPING LEVEL 2-MERCHANDISING AND ADJUSTING RCISES -10 Required: ENTRIES Present the journal entries in the books of the Green Land Supplies Co. and its suppliers for all of the ons related to the following purchase invoices. Assume that Green Land Supplies Co. and its suppliers use the periodic inventory system. Use the following format for your entries: (Note: Use individual auppl er's/buyer's names as account titles for the payables and receivables.) 6 Date Transactions/Explanations Books of Books of Supplier Greenland Supplies Co. Credit Freight Freight Date Supplier & Amount of Invoice Freight Terms Date of Terms Paid Account Invoice Paid A. Three FOB Greenland Stars Co., May 13 P200 2/10.n/30 P20,000 Shipping Supplies May 25 Point Co B. Sterling Paper Products /10,1/15n/ FOB 30 Greenland Supplies May 17 100 May 29 FOB C. National Bookstore ShippingNational May 22 150 1/10.n/20Point Bookstore May 31 ABC School Supplies Co. D. ABC School Supplies Co., FOB Destination May 28 170 n/30 June 7 OOKKEEPING LEVEL 2-MERCHANDISING AND ADJUSTING RCISES -10 Required: ENTRIES Present the journal entries in the books of the Green Land Supplies Co. and its suppliers for all of the ons related to the following purchase invoices. Assume that Green Land Supplies Co. and its suppliers use the periodic inventory system. Use the following format for your entries: (Note: Use individual auppl er's/buyer's names as account titles for the payables and receivables.) 6 Date Transactions/Explanations Books of Books of Supplier Greenland Supplies Co. Credit Freight Freight Date Supplier & Amount of Invoice Freight Terms Date of Terms Paid Account Invoice Paid A. Three FOB Greenland Stars Co., May 13 P200 2/10.n/30 P20,000 Shipping Supplies May 25 Point Co B. Sterling Paper Products /10,1/15n/ FOB 30 Greenland Supplies May 17 100 May 29 FOB C. National Bookstore ShippingNational May 22 150 1/10.n/20Point Bookstore May 31 ABC School Supplies Co. D. ABC School Supplies Co., FOB Destination May 28 170 n/30 June 7

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