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Business, 25.12.2019 02:31 webbjalia04

The following are selected 2017 transactions of sean astin corporation.
sept. 1 purchased inventory from encino company on account for $50,000. astin records purchases gross and uses a periodic inventory system.
oct. 1 issued a $50,000, 12-month, 8% note to encino in payment of account.
oct. 1 borrowed $50,000 from the shore bank by signing a 12-month, zero-interest-bearing $54,000 note.

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The following are selected 2017 transactions of sean astin corporation.
sept. 1 purchased inv...
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