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(Solved): Journalize each of the following transactions assuming a perpetual inventory system. (If no entry i ...




Journalize each of the following transactions assuming a perpetual inventory system. (If no entry is required for a transacti
Journalize each of the following transactions assuming a perpetual inventory system. (If no entry is required for a transaction/event, select "No journal entry required" in the first occount field.) Feb. 1 Purchased \( \$ 17,300 \) of merchandise inventory; terns \( 1 / 10, n / 30 \). 5. Purchased for cash 58,500 of nerchandise inventory. 6 Purchased \( \$ 22,300 \) of nerchandise Inventary; terns \( 2 / 15, \mathrm{n} / 45 \). 9 Purchased \( \$ 2 \), 050 of office supplies; terns \( n / 15 \). 10 Contacted a najor supplier to place an onder for \( \$ 230 \), 000 of nerchandise in exchange for a 305 trado discount to be ahipped on Apeil 1 Foe destination. 11 Pald for the aerchandise purchased on February 1. 24 Paid for the office supplies purchased on february 9 . Mar.23 Paid for the February 6 purchase.


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S.no. Accounts title and explanations Debit $ Credit $ a Inventry
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