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Question 1 18 pts Garrett Book Store entered into the transactions listed below. In the journal provided, prepare Garrett's necessary entries, assuming of the perpetual
Question 1 18 pts Garrett Book Store entered into the transactions listed below. In the journal provided, prepare Garrett's necessary entries, assuming of the perpetual inventory system UPLOAD YOUR ANSWER AS A PDF FILE 776 7/8 7/9 7/19 7/22 7/24 7/25 7/27 Purchase $2.500 of merchandise on credit ton/45 Returned $300 of the items purchased on July 6 Paid freight changes of $100 on the items purchased on July 6, Sold merchandise on credit for $3,500, terms 1/10, 1/30. The merchandise had an inventory cost of $1.100 of the merchandise sold on July 19. $600 of it was returned the item ad cost the store $150 Received payment in full from the customer of July 19 Paid for the merchandise purchased on July 6, Purchased $5,200 of merchandise on credit, terms 2/10, 1/30 Paid for the merchandise purchased on July 27 7/31 Upload Choose a File
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