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please help me to anser them. I needed by tomorrow. Prepare the joumal entries for Bryan Rectailer using the Perpetual and Periodic Imventory systems. Ausust
please help me to anser them. I needed by tomorrow.
Prepare the joumal entries for Bryan Rectailer using the Perpetual and Periodic Imventory systems. Ausust 1. Purchased cell phones from Wireless Carrier Wholeseller, for $55,000, credit terms 3/10, n/30. August 3. FOB Destination freight charges paid by relevant party, $100. August 4 . Peturned $5,000 of cell phones to Wireless Carrier Wholeseller. Auguert 5. Sold cellphones on account to Customer A for $35,000. They were orginally puchased for $20,000. Credit terme 2/10,n/30. August 10. Customer A returned cellphones valued at $15,000. They were originally purchased for $10,000. August 12. Paid Wireless Cartier Wholeseller Augunt 14. Recelved payment from Customer A Step by Step Solution
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