Business
Business, 26.03.2021 09:20, marcus5266

Please help :( prepare the appropriate journal entry. include explanations and dates.

Megan Rubber and Tire Company sells passenger car tires and uses a perpetual inventory system. On August 31, it purchased $45,000 worth of tires (from Louisiana Tire Sales) and the terms were 2/10 n 30. Prepare the appropriate journal to record the purchase of these tires for Megan Rubber and Tire Company.

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Please help :( prepare the appropriate journal entry. include explanations and dates.

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