Journalize the following transactions for Armour Inc.using both the periodic inventory system and the perpetual inventory system,presented in the side-by-side format of the form provided below.Oct.7 Sold merchandise on credit to Rondo Distributors,terms n/30.The cost of the merchandise was $720.8 Purchased merchandise,$10,000,terms FOB shipping point,2/15,n/30,with prepaid freight charges of $525 added to the invoice.

Question

Journalize the following transactions for Armour Inc.using both the periodic inventory system and the perpetual inventory system,presented in the side-by-side format of the form provided below.Oct.7 Sold merchandise on credit to Rondo Distributors,terms n/30.The cost of the merchandise was $720.8 Purchased merchandise,$10,000,terms FOB shipping point,2/15,n/30,with prepaid freight charges of $525 added to the invoice.​

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The Answer of Journalize the following transactions for Armour Inc.using both the periodic inventory system and the perpetual inventory system,presented in the side-by-side format of the form provided below.Oct.7 Sold merchandise on credit to Rondo Distributors,terms n/30.The cost of the merchandise was $720.8 Purchased merchandise,$10,000,terms FOB shipping point,2/15,n/30,with prepaid freight charges of $525 added to the invoice.​

Journalize the Following Transactions for Armour Inc