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This information relates to Sarasota Corporation. 1. 2. 3. On April 5, purchased merchandise from Bridgeport Inc. for $27,300, terms 2/10,n/30. On April 6, paid
This information relates to Sarasota Corporation. 1. 2. 3. On April 5, purchased merchandise from Bridgeport Inc. for $27,300, terms 2/10,n/30. On April 6, paid freight costs of $800 on merchandise purchased from Bridgeport. On April 7. purchased equipment on account for $29,900. On April 8, returned some of Aprk 5 merchandise to Bridgeport that cost $3,200. On April 15, paid the amount due to Bridgeport in full. 4. 5. Sarasota uses a perpetual inventory system. List of Accounts Attempts: 4 of 15 used O Assume that Sarasota Corporation paid the balance due to Bridgeport Inc. on May 4 instead of April 15. Prepare the journal entry to record this payment. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts. List all debit entries before credit entries.) AC Date Account Titles and Explanation Debit Credit Qu Mule Que True/
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