ABC company purchase merchandise as of January 2020 on the following transaction. 1. Purchase mechandise $25,000 on cash from QPR Company. 2.Purchase in account $16,000 from JK Company. 3. Purchase office equipment on account $15,000. 4. purchase $3,000 terms 2/10, n/30
14. paid cash to the seller
15. purchased on account with terms 3/12, n/30 $20,000
27. paid $19,400
Record the necessary Journal entry for both seller company and buyer company
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ABC company purchase merchandise as of January 2020 on the following transaction. 1. Purchase mechan...
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