Question: Journalize and post the preceding transactions (for exercise 15A-2) using a two-column journal and T accounts. In Exercise 15A-2) 201X Nov. 5 Purchased 5 units

Journalize and post the preceding transactions (for exercise 15A-2) using a two-column journal and T accounts.

In Exercise 15A-2)

201X

Nov. 5 Purchased 5 units at a cost of $10 each. (Inventory on hand prior to this purchase was zero units.)

6 Sold 1 unit for $16.

7 Sold 2 units for $15.50.

10 Purchased 20 additional units at a cost of $10 each.


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