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Please do requirements 1 and 2 Consider the following transactions for Green Drug Store Click the loon to view the transactions.) Requirements 1. Joumalize the

Please do requirements 1 and 2
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Consider the following transactions for Green Drug Store Click the loon to view the transactions.) Requirements 1. Joumalize the purchase transactions. Explanations are not required. 2. In the final analysis, how much did the inventory cost Green Drug Store? Requirement 1. Journalize the purchase transactions. Explanations are not required, (Assume the company uses a perpetual inventory system Record debits first, then credits. Exclude explanations from journal entries) Oct. 2: Green purchased $23,800 worth of inventory on account with credit terms of 3/15, n/45, FOB shipping point from Stone Medical Supplies Accounts Credit Oct. 2 Date Debit Requirements 1. Journalize the purchase transactions. Explanations are not required. 2. In the final analysis, how much did the inventory cost Green Drug Store? More Info Oct. 2 Oct. 5 Green purchased $23,800 worth of inventory on account with credit terms of 3/15, n/45, FOB shipping point from Stone Medical Supplies. Green paid a $100 freight charge. Green returned $5,600 of the merchandise due to damage during shipment. Green paid the amount due, less return and discount. Oct. 7 Oct. 14

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