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The following transactions occurred for Digital Communications Lid during March 2020. Required: For each transaction listed below, record the appropriate general journal/s entries. Notes: a)

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The following transactions occurred for Digital Communications Lid during March 2020. Required: For each transaction listed below, record the appropriate general journal/s entries. Notes: a) Digital Communications Lid has adopted the perpetual inventory recording method; b) If you believe no journal is required, explain the reason. c) Narrations are not required; d) Ignore GST. 8 Mar Inventory that cost $8,000 was purchased paying $6,000 cash and the balance on account 12 Mar Credit sales made for $9,000. The inventory had cost $5,000. 22 Mar Ordered $2,500 of merchandise from a supplier. The supplier will invoice on delivery. 30 Mar Paid $800 office rent for March. ANSWER: Date Account Titles Debit $ Credit $

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