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Take me to the text JB Café bought $2,250 worth of produce on account from a produce supplier on March 25, 2021. On March 26, JB's bookkeeper was informed that $180 worth of tomatoes was substandard and returned to the supplier. Prepare the journal entry to record the purchase return using the perpetual inventory system. Do not enter dollar signs or commas in the input boxes. Required Prepare the journal entry for JB Café on March 26. Date 2021 Mar 26 Account Title and Explanation Record the purchase return Debit Credit

Take me to the text JB Café bought $2,250 worth of produce on account from a produce supplier on March 25, 2021. On March 26, JB's bookkeeper was informed that $180 worth of tomatoes was substandard and returned to the supplier. Prepare the journal entry to record the purchase return using the perpetual inventory system. Do not enter dollar signs or commas in the input boxes. Required Prepare the journal entry for JB Café on March 26. Date 2021 Mar 26 Account Title and Explanation Record the purchase return Debit Credit

FINANCIAL ACCOUNTING
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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Take me to the text JB Café bought $2,250 worth of produce on account from a produce supplier on March 25, 2021. On March 26, JB's bookkeeper was informed that $180 worth of tomatoes was substandard and returned to the supplier. Prepare the journal entry to record the purchase return using the perpetual inventory system. Do not enter dollar signs or commas in the input boxes. Required Prepare the journal entry for JB Café on March 26. Date 2021 Mar 26 Account Title and Explanation Record the purchase return Debit Credit
Transcribed Image Text:Take me to the text JB Café bought $2,250 worth of produce on account from a produce supplier on March 25, 2021. On March 26, JB's bookkeeper was informed that $180 worth of tomatoes was substandard and returned to the supplier. Prepare the journal entry to record the purchase return using the perpetual inventory system. Do not enter dollar signs or commas in the input boxes. Required Prepare the journal entry for JB Café on March 26. Date 2021 Mar 26 Account Title and Explanation Record the purchase return Debit Credit
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