Question
Ruby Corporation engaged in the following transactions during June. The company uses the perpetual inventory system. DATE TRANSACTIONS 2019 June 4
Ruby Corporation engaged in the following transactions during June. The company uses the perpetual inventory system.
DATE TRANSACTIONS 2019 June 4 Purchased merchandise on account from Salinas Company; Invoice 100 for $1,165; terms n/30.
15 Recorded purchases for cash, $1,680.
30 Paid amount due to Salinas Company for the purchase on June 4.
Record these transactions in a general journal.
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Accounting Principles Part 3
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Kinnear, Joan E. Barlow
6th Canadian edition Volume 1
1118306805, 978-1118306802
