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Required: Record the following transactions of Evelyn's Designs in a general journal. The company uses the perpetual inventory system. DATE 20x1 TRANSACTIONS April 1
Required: Record the following transactions of Evelyn's Designs in a general journal. The company uses the perpetual inventory system. DATE 20x1 TRANSACTIONS April 1 Purchased merchandise on credit from American Fabricators, Invoice 885, $2,000, teres 1/10, n/30; freight of $100 was paid by American Fabricators and added to the invoice (total invoice amount, $2,100). Paid amount due to American Fabricators for the purchase of April 1, less the 1 percent discount, Check 457. 15 Purchased merchandise on credit from Kalyagin Company, Invoice 145, $600, terms 1/10, n/10; freight of $50 prepaid by Kalyagin and added to the Invoice. 17 Returned damaged merchandise purchased on April 15 from Kalyagin Company; received Credit nemorandum 332 for $200. 24 Paid the amount due to Kalyagin Company for the purchase of April 15, less the return on April 17, taking the 1 percent discount, Check 470. View transaction list Journal entry worksheet < 1 2 3 4 5 Purchased merchandise on credit from American Fabricators, Invoice 885, 52.000, terms 1/10, n/30: freight of $100 was paid by American Fabricators and added to the invoice (total invoice amount, $2,100), > Check my work
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