On September 1, Reid Supply had an inventory of 15 backpacks at a cost of $20 each. The company uses a perpetual inventory system. During September, the following transactions and events occurred.
Instructions
Journalize the September transactions for Reid Supply.

Question

On September 1, Reid Supply had an inventory of 15 backpacks at a cost of $20 each. The company uses a perpetual inventory system. During September, the following transactions and events occurred.  
Instructions
Journalize the September transactions for Reid Supply.

Quizplus · Accepted Answer

The Answer of On September 1, Reid Supply had an inventory of 15 backpacks at a cost of $20 each. The company uses a perpetual inventory system. During September, the following transactions and events occurred.  
Instructions
Journalize the September transactions for Reid Supply.

On September 1, Reid Supply Had an Inventory of 15