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Prepare Journal entries to record each of the following transactions. The company records purchases using the gross method and a perpetual Inventory system August 1
Prepare Journal entries to record each of the following transactions. The company records purchases using the gross method and a perpetual Inventory system August 1 Purchased merchandise with an invoice price of $99,000 and credit tom of 3/10, 1/30 Auguse 11 Paid supplier the amount owed from the August 1 purchase View transaction list Journal entry worksheet 1 2 Purchased merchandise with an invoice price of $99,000 and credit terms of 3/10, 1/30 Note: Enter debits before credits General Journal Debit Credit Date Aug 01 Prepare journal entries to record each of the following transactions. The company records purchases using the gross method and a perpetual Inventory system August 1 Purchased merchandise with an invoice price of $99,000 and credit tom of 3/10, 1/30. August 11 Paid supplier the amount owed from the August 1 purchase View transaction list Journal entry worksheet
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