Transcribed image text: AP-9B LO 3 On March 20, 2021, Cup-A-Java received a shipment of gift mugs

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Transcribed image text: AP-9B LO 3 On March 20, 2021, Cup-A-Java received a shipment of gift mugs for resale from Cup Makers, invoiced at $5,000. The terms stated on the invoice from Cup Makers were 3/15, n/60. Under a perpetual inventory journalize the following scenarios for Cup-A-Java. Debit Credit Required a) As the bookkeeper for Cup-A-Java, record the purchase of inventory. Date Account Title and Explanation 360

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Transcribed image text: AP-9B LO 3 On March 20, 2021, Cup-A-Java received a shipment of gift mugs

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