purchase discount on perpetual inventory system

Question

May 23, 2008, 07:07 AM

niru7

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Join Date: May 2008

Posts: 1

purchase discount on perpetual inventory system

(a)discovered that 4500 of the merchandise was defective and returned items, receiving credit then(b) purchased 3000of merchandise from harbin co.on account, received a check for the balance owed from the return in (a) after deducting for the purchase in (b)

Answers

May 23, 2008, 08:39 PM	#2

morgaine300 Accounting Expert Join Date: Feb 2008 Posts: 1,397	Please see our guidelines for posting homework problems: http://www.askmehelpdesk.com/finance...-b-u-font.html Please show us that you've at least made an attempt to do the work yourself.

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