M Hwe (Chapter E Homew C M HNee Chapter E Home x C chegg study IGuided s x C O eztomheducation.com/ 3.00 points PA6-5 Part 1 Required: 1- Prepare the Journal et ies that would he recorded usin a penadic inventory system no entry required for a transaction/event, select No Journal Entry Required in the first account field view transaction llst View general Journal Journal Entry Worksheet Sold 7 shovels on account at a selling price ot $13 per unit. Record the A transaction Date General Journal Debit Credit January 02 Enter debits before credits record entry O a Ask me any Required information Required information PA6-5 (Supplement Recording Inventory Transactions Using Periodic and Perpetual Inventory Systems ILO 6-S1] NTne ollowing insormator apoie to ihe ions display eo below. Home Hardwere eported beginning inventory of 25 shovels, for a totel ost of $200. The cr following transactions during the month. Jan. 2 Sold 7 shovels on eccount e selling price of $13 per unit. $13 per unit. 1E Sold 10 shovels on account at a selling p of SB p 18 Bought 8 sh on account a $13 per unit. 19 Sold 10 shovels on account at a selling p of 58 per unit. Count d inventory and determined that 15 units were on hancl 8:50 PM 3/1/20
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M Hwe (Chapter E Homew C M HNee Chapter E Home x C chegg study IGuided s x C O eztomheducation.com/ 3.00 points PA6-5 Part 1 Required: 1- Prepare the Journal et ies that would he recorded usin a penadic inventory system no entry required for a transaction/event, select “No Journal Entry Required” in the first account field view transaction llst View general Journal Journal Entry Worksheet Sold 7 shovels on account at a selling price ot $13 per unit. Record the A transaction Date General Journal Debit Credit January 02 Enter debits before credits record entry O a Ask me any Required information Required information PA6-5 (Supplement Recording Inventory Transactions Using Periodic and Perpetual Inventory Systems ILO 6-S1] NTne ollowing insormator apoie to ihe ions display eo below. Home Hardwere eported beginning inventory of 25 shovels, for a totel ost of $200. The cr following transactions during the month. Jan. 2 Sold 7 shovels on eccount e selling price of $13 per unit. $13 per unit. 1E Sold 10 shovels on account at a selling p of SB p 18 Bought 8 sh on account a $13 per unit. 19 Sold 10 shovels on account at a selling p of 58 per unit. Count d inventory and determined that 15 units were on hancl 8:50 PM 3/1/20