Exhibit 4.12 will be displayed on the screen. Utilize this Summary to give the entries...
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Exhibit 4.12 will be displayed on the screen. Utilize this Summary to give the entries for the next 5 questions. 6. Your business is purchasing Inventory for resale in the amount of $5200. You paid $700 in cash and the remaining you will be paying within 30 days. What are your entries. (use the correct format that was taught debits to the left - credits to the right) 7. Your business purchased $5200 in inventory. The terms are 2/10, n/30. You pay $5200 on the 30th day. What are your entries? 8. Your business purchased $5200 in Inventory. You paid it on the 8 day. Your terms are 2/10, n/30. How much did you pay and what are your entries? 9. The personal care home just received payment TODAY on an Invoice that was due Sept 1. The amount of the invoice was $2400. The terms are 2/10, n/30. How much should the personal care home have received and what are the entries that the personal care home needs to make
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