Question: Ruby Corporation engaged in the following transactions during June. The company uses the perpetual inventory system. Record these transactions in a general journal. DATE TRANSACTIONS
Ruby Corporation 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.
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