4. On June 10, Dzeko Co. Sold 10 shoes for $1,700 cash. Date Accounts titles Debit Credit June 1
4. On June 10, Dzeko Co. Sold 10 shoes for $1,700 cash. Date Accounts titles Debit Credit June 1
Chapter12: Current Liabilities
Section: Chapter Questions
Problem 5PB: Review the following transactions and prepare any necessary journal entries. A. On January 5, Bunnet...
Related questions
Question
plz help me with the 4 fill in question with the options and thanks
![Journalize the following transactions ( the company is using a perpetual system).
1. On June 1, Dzeko Co. Purchased 30 shoes at $120 each from Nike store on account, terms 2/10, n/30.
Date
Accounts titles
Debit
Credit
June 1
2. On June 4, Dzeko Co. returned 5 shoes to Nike store because they didn't meet th
Date
Accounts titles
Debit
Credit
June 4
3. On June 9, Dzeko Co. paid Nike store in full.
Date
Accounts titles
Debit
Credit
June 9
4. On June 10, Dzeko Co. Sold 10 shoes for $1,700 cash.
Date
Accounts titles
Credit
June 1](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F58f901b7-6156-4205-bfff-0a30e8c6c9ed%2F3755e6dd-6d5b-46c1-abd6-e12d124e1ea1%2Fx1zg6ia_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Journalize the following transactions ( the company is using a perpetual system).
1. On June 1, Dzeko Co. Purchased 30 shoes at $120 each from Nike store on account, terms 2/10, n/30.
Date
Accounts titles
Debit
Credit
June 1
2. On June 4, Dzeko Co. returned 5 shoes to Nike store because they didn't meet th
Date
Accounts titles
Debit
Credit
June 4
3. On June 9, Dzeko Co. paid Nike store in full.
Date
Accounts titles
Debit
Credit
June 9
4. On June 10, Dzeko Co. Sold 10 shoes for $1,700 cash.
Date
Accounts titles
Credit
June 1
![60
the options
3,600
Inventory
Inventory
Accounts Payable
600
1,200
Cash
600
Cash
2,940
Sales Revenue
Cost Of Goods Sold
Accounts Payable
Accounts Payable
1,700
3,600
3,000
Inventory
Inventory
1,200
1,700](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F58f901b7-6156-4205-bfff-0a30e8c6c9ed%2F3755e6dd-6d5b-46c1-abd6-e12d124e1ea1%2Fikm440g_processed.jpeg&w=3840&q=75)
Transcribed Image Text:60
the options
3,600
Inventory
Inventory
Accounts Payable
600
1,200
Cash
600
Cash
2,940
Sales Revenue
Cost Of Goods Sold
Accounts Payable
Accounts Payable
1,700
3,600
3,000
Inventory
Inventory
1,200
1,700
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you
Principles of Accounting Volume 1
Accounting
ISBN:
9781947172685
Author:
OpenStax
Publisher:
OpenStax College
Principles of Accounting Volume 1
Accounting
ISBN:
9781947172685
Author:
OpenStax
Publisher:
OpenStax College