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Prepare journal entries to record the transactions assuming a periodic inventory system. ( If no entry is required for a transaction / event , select
Prepare journal entries to record the transactions assuming a periodic inventory system. If no entry is required for a transactionevent select No journal entry required" in the first account field.
Feb. Purchased $ of merchandise inventory; terms
Purchased for cash $ of merchandise inventory.
Purchased $ of merchandise inventory; terms
Purchased $ of office supplies; terms
Contacted a major supplier to place an order for $ of merchandise in exchange for a trade discou on April FOB destination.
Paid for the merchandise purchased on February
Paid for the office supplies purchased on February
Mar. Paid for the February purchase.
Journal entry worksheet
Record the purchase of merchandise for $; terms
Note: Enter debits before credits.
tableDateGeneral Journal,Debit,CreditFeb
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