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Presented below are transactions related to Kingbird, Inc. May 10 Purchased goods billed at $14,100 subject to cash discount terms of 2/10,n/60. 11 Purchased goods

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Presented below are transactions related to Kingbird, Inc. May 10 Purchased goods billed at $14,100 subject to cash discount terms of 2/10,n/60. 11 Purchased goods killed at $11,900 subject to terms of 1/15,n/30. 19 Paid invoice of May 10. 24 Purchased goods billed at $13,400 subject to cash discount terms of 2/10,n/30. Prepare general joumal entries for the transactions above under the assumption that purchases are to be recorded at net amounts after cash discounts and that discounts lost are to be treated as financial expense. (ff no entry is required, select "No entry" for the account titles and enter 0 for the amounts. Credit account tities are automatically indented when amount is entered. Do not indent manually. List all debit entries before credit entries

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