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July 26, 2014

Homework Help: Accounting

Posted by Rescueme417 on Monday, November 26, 2012 at 2:22pm.

. Journalize the following transactions using the perpetual inventory method.


Aug. 6 Purchased $830 of inventory on account from
Johnston with terms of 2/10, n/30.
Aug. 8 Purchased $2,611 of inventory for cash from
Pillner Company.
Aug.15 Paid for August 6 purchase from Johnston.
Aug. 17 Purchased $1,743 of merchandise on account
from Luis Company with Terms of 3/15, n/45.

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