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please solve it Given the following. prepare the entries that both the purchaser and seller should record for these fransactions Assume both companies use a
please solve it
Given the following. prepare the entries that both the purchaser and seller should record for these fransactions Assume both companies use a perpetual inventory systern at June 11. Wober inc's merchandise that cost $680 was sold to Benson Inc for $800 under credi terms of 2/15, ni90, FOB shipping poent. b. June 12. Benson inc. requested a price reduction on the June 11 sale because the merchandise did not moet specifications. Weter inc: sent Benson inc: a credit trimorandam for $400 to resolve the issue C Jarne 20. Berison inc. paid Weber inc the balance due. Enter the transaction letter as the description when entering the transactions in the poumal. Dates must be entered in the format ddimmin (9 \&. Janiary 15 would be Aisdan) Please use the " + " and "' buttons to change the number of accounts (4 necessary) for each joumal entry. a) Benson Inc b) Wober inc Step by Step Solution
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