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Record journal entries for the following transactions for Captain Harry Outfitters using the perpetual inventory system. (Credit account titles are automatically indented when amount is
Record journal entries for the following transactions for Captain Harry Outfitters using the perpetual inventory system. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) 1. Captain Harry Outfitters purchased 100 tents for $15,000 on account. 2. Captain Harry Outfitters purchased 10 display cases for $3,800 on account. 3. Captain Harry Outfitters purchased 50 rain ponchos for $1,400 cash. 4. Captain Harry Outfitters purchased 25 cartons of price tags for $350 for cash. 5. Captain Harry Outfitters paid for shipping costs for the purchase in transaction 1. Cost is $380. No. Account Titles and Explanation Debit Credit 1. 2. 3. 4. 5
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