Journalize the following assuming periodic inventory.
$ \text {July 20 }$ $\quad $$ \text {Made purchases of inventory for $ \$ 3,500 $ on account} $
$ \text { July 21 }$ $\quad $$ \text {Made sales of $ \$ 2,300 $ cash and $ \$ 1,200 $ credit.}$
$ \text {July 22}$ $\quad $$ \text {Returned $ \$ 1,400 $ of purchases for defects.}$

Question

Journalize the following assuming periodic inventory.
 $  \text {July 20 }$ $\quad $$  \text {Made purchases of inventory for $ \$ 3,500 $ on account} $
$  \text { July 21 }$ $\quad $$  \text {Made sales of $ \$ 2,300 $ cash and $ \$ 1,200 $ credit.}$
$  \text {July 22}$ $\quad $$  \text {Returned $ \$ 1,400 $ of purchases for defects.}$

Quizplus · Accepted Answer

The Answer of Journalize the following assuming periodic inventory.
 $  \text {July 20 }$ $\quad $$  \text {Made purchases of inventory for $ \$ 3,500 $ on account} $
$  \text { July 21 }$ $\quad $$  \text {Made sales of $ \$ 2,300 $ cash and $ \$ 1,200 $ credit.}$
$  \text {July 22}$ $\quad $$  \text {Returned $ \$ 1,400 $ of purchases for defects.}$

Journalize the Following Assuming Periodic Inventory July 20 \text {July 20 }July 20

Journalize the Following Assuming Periodic Inventory $\text {July 20 }$