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Please just make sure that everything is right and do the whole problem. I really need to understand to pass this class. Thank you. Check
Please just make sure that everything is right and do the whole problem. I really need to understand to pass this class. Thank you.
Check my work 6 01 points Brief Exercise 6-11 Record freight charges for inventory using a perpetual system (L06-5) Shankar Company uses a perpetual system to record inventory transactions. The company purchases inventory on account on February 2 for $23.000 In addition to the cost of inventory, the company also pays $430 for freight charges associated with the purchase on the same day. Record the purchase of inventory on February 2, including the freight charges. (if no entry is required for a particular transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet 0.71 points Record the purchase of inventory on account Credit Note: Enter debits before credits Date General Journal February 02 Inventory Accounts Payable Debit 23,000 23.000 Record entry Clear entry View general purna 6 Journal entry worksheet 071 Record the payment of freight charges in cash. look Note: Enter debits before credits Date General Journal February 02 Accounts Payable Debit Credit Record entry Clear entry Views general journalStep by Step Solution
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