Problem 4-1A Preparing journal entries for merchandising activities-perpetual syste Prepare journal entries to record the following merchandising transactions of Cabela's, which uses the points (Hint It will help to identify each receivable and payable, for example, record the purchase on July 1 in Accounts Duly 1 Purchased merchandise from Boden Company for S6,00e under credit terms of i/15, n/3e, Foe shipping point, ?nvoice dated Company July 1 ndise to Creek Co. for $9e0 under credit terns of 2/10, n/6e, FoB shipping point, invoice dated July 2. The ise from Leight Co. for $2,2ee under credit, terns of 2/15, n/6e, FoB destination, invoice dated July 9. goods sold on July 19 due from Art Co. for the invo ros shipping po nt, Journal entry worksheet 10.2. ? Next >