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^^ please DO NOT give this answer, it is wrong. an entry is missing for...

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Accounting

imageimageimage^^ please DO NOT give this answer, it is wrong. an entry is missing for july 8th and the first three debit and credit entires are incorrect. image

(b) Prepare Journal Entries for Sales and Purchases (With Discounts) Super Copy Co. is an office supply store. The company uses a perpetual inventory system. July 1 Purchased four Doni copying machines on account from Doni Corp. Total invoice price was $3,200 per machine ($12,800 total); terms of 2/10, n/30. 3 8 9 19 These machines are intended for resale. Found one of the Doni copiers to be defective and returned it to Doni, thus reducing the amount owed Paid the amount owed to Doni Corp. Sold on account one of the Doni copiers to Cross Realty. The sales price was $6,400, terms 6/10, n/60. Received full payment from Cross Record the above transactions in the company's general journal. To conserve space, omit the written explanations which normally should accompany the entries. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and ExplanationDebit Credit July 1. Inventory Accounts Payable

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