Marshall Supplies is a janitorial supply store that uses a perpetual inventory system. Journalize the following transactions:
On July 4, Marshall purchases inventory for sale from Tidy Wholesalers for $8,500.00 with terms 1/10, n/30.On July 5, Marshall pays Express Transfer $45.00 for freight in on the July 4 order.On July 7, Marshall buys an additional $11,985.00 in inventory from Tidy Wholesalers with terms 1/10, n/30.On July 13, Marshall pays Tidy Wholesalers the balance due on both invoices
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The Answer of Marshall Supplies is a janitorial supply store that uses a perpetual inventory system. Journalize the following transactions:
On July 4, Marshall purchases inventory for sale from Tidy Wholesalers for $8,500.00 with terms 1/10, n/30.On July 5, Marshall pays Express Transfer $45.00 for freight in on the July 4 order.On July 7, Marshall buys an additional $11,985.00 in inventory from Tidy Wholesalers with terms 1/10, n/30.On July 13, Marshall pays Tidy Wholesalers the balance due on both invoices
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Marshall Supplies Is a Janitorial Supply Store That Uses a Perpetual