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QUESTION 1 Using a perpetual system. Journal.ce the following transactions for Day To Day Market in General Journal Format: On January 1, Day To Day

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QUESTION 1 Using a perpetual system. Journal.ce the following transactions for Day To Day Market in General Journal Format: On January 1, Day To Day Market purchased Inventory for $10,000 on account with form 1/10/40. FOB Shipping point On January 2, Day To Day paid $200 cash for transportation costs with the January 1 purchase On January 15 Day To Day Market paid cash for the January 1 purchase (without discount) On january 18, Day To Day Market sold inventory for $3.000 on acount. The cost of the inventory is $2.200 QUESTION 1 Using a perpetual system. Journal.ce the following transactions for Day To Day Market in General Journal Format: On January 1, Day To Day Market purchased Inventory for $10,000 on account with form 1/10/40. FOB Shipping point On January 2, Day To Day paid $200 cash for transportation costs with the January 1 purchase On January 15 Day To Day Market paid cash for the January 1 purchase (without discount) On january 18, Day To Day Market sold inventory for $3.000 on acount. The cost of the inventory is $2.200

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