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The Valley Garden Company Had the Following Transactions

Question 148

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The Valley Garden Company had the following transactions:
 1 July  Purchased inventory on credit for $3,6007 Purchased inventory for cash for $6,3009 Sold inventory costing $7,050 for $11,250 on credit \begin{array}{|l|l|}\hline \text { 1 July } & \text { Purchased inventory on credit for } \$ 3,600 \\\hline 7 & \text { Purchased inventory for cash for } \$ 6,300 \\\hline 9 & \text { Sold inventory costing } \$ 7,050 \text { for } \$ 11,250 \text { on credit } \\\hline\end{array}

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(A) Prepare journal entries for Valley G...

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