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3. Journalize the following transactions and post the first three transactions:
a. Paid $250 of accrued interest on a note payable.
b. Purchased inventory on account for $17,500 using the perpetual system.
c. Sales on account $13,500 and for cash $8,000.
d. Paid salaries payable of $2,400.
e. Cash collections from customers $11.600.
f. Purchased inventory for cash using perpetual for $13,000.
g. Made a payment on account payable of $17,640.
h. Paid sales salaries totaling $3,600.
i. Received cash interest on investment $150
k. Sold inventory for $5,000 that cost $4,000 using perpetual system
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