SCORE: NAME: PROFESSOR: SECTION: Problem #8 Purchase Transactions presented below Several purchase transactions of the Joey Beringuela Pharmacy are The credit terms of the entity are 3/10, n/30....

SCORE:<br>NAME:<br>PROFESSOR:<br>SECTION:<br>Problem #8<br>Purchase Transactions<br>presented below<br>Several purchase transactions of the Joey Beringuela Pharmacy are<br>The credit terms of the entity are 3/10, n/30.<br>Purchased merchandise for cash, P200,000; FOB shipping point.<br>Purchased merchandise on account, P700,000.<br>Returned merchandise purchased on account, P50,000.<br>Paid supplier the amount due.<br>Paid freight charges of P7,000 on merchandise acquired last Oct. 6.<br>Oct. 6<br>12<br>15<br>17<br>19<br>Required:<br>Prepare the journal entries.<br>340 | and 2021 by Prof. WIN Ballada<br>

Extracted text: SCORE: NAME: PROFESSOR: SECTION: Problem #8 Purchase Transactions presented below Several purchase transactions of the Joey Beringuela Pharmacy are The credit terms of the entity are 3/10, n/30. Purchased merchandise for cash, P200,000; FOB shipping point. Purchased merchandise on account, P700,000. Returned merchandise purchased on account, P50,000. Paid supplier the amount due. Paid freight charges of P7,000 on merchandise acquired last Oct. 6. Oct. 6 12 15 17 19 Required: Prepare the journal entries. 340 | and 2021 by Prof. WIN Ballada

Jun 09, 2022

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SCORE: NAME: PROFESSOR: SECTION: Problem #8 Purchase Transactions presented below Several purchase transactions of the Joey Beringuela Pharmacy are The credit terms of the entity are 3/10, n/30....

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