The Wilson Company purchased

$32,000

of merchanase from the Poole Wholesale Compony. Wisconalso pad

$2,500

for treight costs to have the goods thipped to its location The compacy uses the perpetual imventory system. Which of the followng summanzes the effects of the journal entres required to record these transactions for The Wilton Company? one enects or oom business evemts.\ Muciple Choice

The Wilson Company purchased $32,000 of merchandise from the Poole Wholesale Company. Wilson also paid $2,500 for freight costs to have the goods shipped to its location. The company uses the perpetual inventory system. Which of the following summarizes the effects of the journal entries required to record these transactions for The Wilson Company (Ca the effects of both business events) Multiple Choice