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 Inventory Inventory Accounts Payable Cash Cash Sales Revenue 2. On June 4. Dz Cost Of Goods Sold Accounts Payable to Nike store because they didn't meet the specifications. Accounts Payable Inventory Inventory Torodit

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 Inventory Inventory Accounts Payable Cash Cash Sales Revenue 2. On June 4. Dz Cost Of Goods Sold Accounts Payable to Nike store because they didn't meet the specifications. Accounts Payable Inventory Inventory Torodit

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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