tabletableDUNDER MIFFLIN, INC.JOURNAL ENTRIESDebit,CreditExCash,Common Stock,,To record purchase of common stock in Dunder Mifflin,,
To record purchase of delivery truck
b
To record purchase of paper inventory on account
g
Discounts Earned
To record payment for paper inventory purchased in transaction d
h
tableCost of Goods Sold,,,,InventorySalesTo record sale of paper inventory on account,,,,
i Gas and Tolls
Cash
To record payment for gas and tolls
j
tableTo record payment from university,,,
k Depreciation Expense
Accumulated Depreciation
To record depreciation expense
Insurance Expense
Prepaid Expense
To record insurance expense
