Ruby Corporation engaged in the following transactions during June. The company uses the perpetual inventory system. Record

Question:

Ruby engaged in the following transactions during June. The company uses the perpetual inventory system. Record these transactions in a general journal.
DATE TRANSACTIONS
2019
June 4 Purchased merchandise on account from Salinas Company; Invoice 100 for $1,025; terms n/30.
15 Recorded purchases for cash, $1,540.
30 Paid amount due to Salinas Company for the purchase on June 4.
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...