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Salem Supply Company uses a perpetual inventory system. During September, the following transactions and events occurred. Sept. 3 Purchased 80 backpacks at $45 each from
Salem Supply Company uses a perpetual inventory system. During September, the following transactions and events occurred.
Sept. 3 Purchased 80 backpacks at $45 each from Jaffar Company.
Sept. 6 Returned $90 for the return of 2 backpacks purchased on Sept. 3 that were defective.
Sept. 13 Paid Jaffar Company in full.
Sept. 20 Sold 45 backpacks for $60 each to Jaleel
Instructions : Journalize the September transactions for Salem Supply Company.
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