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ICE Princess25 [194]
3 years ago
15

Record the following transactions of Fronke’s Fashions in a general journal assuming that they use the periodic system.

Business
1 answer:
Mrrafil [7]3 years ago
3 0

Explanation:

The Journal entry is given below:-

1. Purchase Dr,                       $1,280

         To cash                                      $1,280

(being merchandise is purchased)

2. Cash Dr,                                 $115

         To Purchase return                    $115

(Being merchandise is returned)

3. Purchase Dr,                           $668

    Freight In Dr,                          $43

           To Account payable                 $771

(being Purchase on credit)

4. Account payable                     $50

            To Purchase return                   $50

(Being purchase return is recorded)

5. Account payable                      $661

         To cash                                         $661

(Being cash is paid)

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1 year ago
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<span>the marginal utility become negative at  Sixth serving.
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3 years ago
If you are willing to purchase a house for $500,000 and you purchase the house for $500,000, this transaction will generate:
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Answer:

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Explanation:

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