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Required: Prepare the appropriate journal entries and post them to the ledge 4. Bethany's Bracelets uses the Perpetual inventory system. 7-1: Purchases a bracelet from

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Required: Prepare the appropriate journal entries and post them to the ledge

4. Bethany's Bracelets uses the Perpetual inventory system. 7-1: Purchases a bracelet from Tiffany's for $100,000, cash. 7-10: Rill Ryan buys the bracelet for $140,000. The terms of the sale are 2/10/N/30. 7-15: Rill Ryan pays the invoice

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