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Business, 19.12.2019 01:31 proudmarinemom7186

Question:
marshall supplies is a janitorial supply store that uses perpetual inventory.

on july 4, marshall purchases inventory from tidy wholesalers for $8,500 with terms 1/10, n/30.

on july 5, marshall pays express transfer $45 for freight in on the july 4 order.

on july 7, marshall buys an additional $11,985 in inventory from tidy wholesalers with terms 1/10, n/30.

on july 13, marshall pays tidy wholesalers the balance due on both invoices.

required:

journalize the above transactions.

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Answers: 1

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