Timber Manufacturing uses the perpetual inventory system and purchased $6,000 of merchandise inventory on account. The seller prepays $300 in freight charges which were added to Timber Manufacturing's invoice.
The journal entry for the purchase of merchandise on account using the perpetual inventory system is:

a. merchandise inventory: 6,000 debit
delivery expense: 300 debit
accounts payable: 6,300 credit
b. merchandise inventory: 6,000 debit
accounts payable: 6,600 credit
c. merchandise inventory: 6,300 debit
cash: 6,300 credit
d. merchandise inventory: 6,300 debit
accounts payable: 6,300 credit

d.merchandise inventory: 6,300 debit

accounts payable: 6,300 credit

Explanation:

The journal entry to record the purchase of merchandise made on the account is shown below:

Merchandise inventory A/c Dr $6,300        

         To Account payable A/c $6,300

(Being the purchase and the freight is recorded)

The computation is shown below:

= Purchase value of merchandise + freight charges

= $6,000 + $300

= $6,300

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answer; ///deficit;