Forrest's Crab House purchased Florida stone crab on account on November 10, 2017, for a gross price of $87,000. Forrest also purchased farm-raised catfish on account on November 11, 2017 for a gross price of $25,000. Forrest paid for the first purchase on November 19, 2017, and for the second purchase on November 30. If he uses the perpetual inventory method, which of the following journal entries would Forrest make for November 30?
a.
b.
c.
d.
Correct Answer:
Verified
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