6 units for credit, and sold on account 153 units at $201 each. Prepare journal entries for the September transactions, assuming that Bramble uses a periodic inventory system. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts. List all debit entries before credit entries.) Account Titles and Explanation Debit Credit (To record purchase on account) (To record purchase return)
6 units for credit, and sold on account 153 units at $201 each. Prepare journal entries for the September transactions, assuming that Bramble uses a periodic inventory system. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts. List all debit entries before credit entries.) Account Titles and Explanation Debit Credit (To record purchase on account) (To record purchase return)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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
Transcribed Image Text:Current Attempt in Progress Bramble Ltd. had beginning inventory of 54 units that cost $105
each. During September, the company purchased 206 units on account at $105 each, returned
6 units for credit, and sold on account 153 units at $201 each. Prepare journal entries for the
September transactions, assuming that Bramble uses a periodic inventory system. (Credit
account titles are automatically indented when the amount is entered. Do not indent manually.
If no entry is required, select "No Entry" for the account titles and enter o for the amounts. List
all debit entries before credit entries.) Account Titles and Explanation Debit Credit (To record
purchase on account) (To record purchase return)
Preparjalneries for the Sopomber tramming that
perdicimentary
titles are automatically indented whes the amount is entered De not indest manually. If ne entry is required,
Entry for the account ctles and enter O for the amounts List el dret estr les defane crentes)
Account Titles and Explanation
#1
(a record puchase an account)
(To record purchaser)
Debet
Credit
account
"No
SUPPORT
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