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Soul Art Gift Shop uses a perpetual inventory system. Journalize the following transactions for Soul Art Git Shop. Explanations are not required. (Record dobits
Soul Art Gift Shop uses a perpetual inventory system. Journalize the following transactions for Soul Art Git Shop. Explanations are not required. (Record dobits first, then credits. Exclude explanations from joumal entries. Assume the company records sales at the net amount Round all numbers to the nearest whole dollar) (Click the loon to view the transactions.) Feb 3 Purchased $3,300 of merchandise inventory on account under terms 3/10, EOM and FOB shipping point from Sul Wales Herbs Date Accounts F40.3 Merchandise Inventory Accounts Payable-Stil Water H Feb 7: Retumed $900 of defective merchandise purchased on February 3 Date Fin. 7 Accounts Accounts Payable-Ball Waters Herbs Merchandise Inventory Feb. 9: Paid freight bill of $400 on February 3 purchase. Date Feb 9 Accounts Marchandise invertory Help me solve this Etext pages Calculator Debit Credit 3,300 3,300 Debit Credit 000 Dib 400 Credit 000 Clear all Check answer
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