Business, 25.03.2020 21:51 Globug1144

Journalize the following inventory merchandise transactions, assuming that the company uses the perpetual inventory system. Refer to the Chart of Accounts for exact wording of account titles.

Dec. 1 Travis Company purchased merchandise on account from a supplier for $5,700, terms 2/10, net 30.
Dec. 6 Travis Company paid for the merchandise within the discount period.

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Journalize the following inventory merchandise transactions, assuming that the company uses the perp...