8 BIV A A = $ 66 3 Merge & Center - Alignment % Number Formattin oard Font for - X V A B C Question 6 (8 marks) Mitch's Building Supplies entered into the following transactions in 2020 and 2021: D E F Mitch's Building Supplies entered into the following transactions in 2020 and 2021: Nov 3 Purchased merchandise on credit from Joan Inc on credit for $87,000. The terms were 1/10, n/30 (assume a perpetual inventory system). Date Account Titles Debit Credit Dec 2 Paid $16,000 cash and replaced the remaining balance owing with a 5%, 90-day note payable Date Account Titles Coversheet 01 02 03 04 05 06 07 08 Debit Credit Type here to search Paste E BIUD A = = = = = Merge & Center. $ % 88 Conditional F- Formatting Clipboard Font Alignment Number A3 - X Mitch's Building Supplies entered into the following transactions in 2020 and 2021: D E F G A B C H 13 14 15 Dec 2 16 Paid $16,000 cash and replaced the remaining balance owing with a 5%, 90-day note payable. 17 Date Account Titles Debit Credit 22 23 24 25 Der 31 Recorded an adjusting entry for the accrual of interest on the note to Joan Inc. Date Account Titles Debit Credit Coversheet 01 02 03 04 05 06 07 08 Ready O Type here to search BIL A = = = = Merge & Center - $ -% -99 $ lipboard A Font Conditional Formatting Alignment Number 3 X ft Mitch's Building Supplies entered into the following transactions in 2020 and 2021: D E F G A B C H 4 Mar 2 Paid the note to Joan Inc. at maturity. Date Account Titles Debit Credit 13 REQUIRED: 45 Record the transactions in the journal entry form provided. 46 48 Coversheet Q1 Q2 Q3 04 05 06 07 08 0 Ready O Type here to search