Slater Brothers Supply uses a periodic inventory system. During May, the following transactions and events occurred.
May 13 Purchased 6 motors at a cost of $44 each from Nen Company, terms 1/10, n/30. The motors cost Nen Company $25 each.
May 16 Returned 1 defective motor to Nen.
May 23 Paid Nen Company in full.
Instructions
Journalize the May transactions for Slater Brothers. You may omit explanations.

Question

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The Answer of Slater Brothers Supply uses a periodic inventory system. During May, the following transactions and events occurred.
May 13 Purchased 6 motors at a cost of $44 each from Nen Company, terms 1/10, n/30. The motors cost Nen Company $25 each.
May 16 Returned 1 defective motor to Nen.
May 23 Paid Nen Company in full.
Instructions
Journalize the May transactions for Slater Brothers. You may omit explanations.

Slater Brothers Supply Uses a Periodic Inventory System