Question: (a) Assuming that Whispering uses the perpetual method for recording merchandise transactions, record the purchase, return, and payment using the gross method. (If no entry

 (a) Assuming that Whispering uses the perpetual method for recording merchandise

(a) Assuming that Whispering uses the perpetual method for recording merchandise transactions, record the purchase, return, and payment using the gross method. (If no entry is required, select "No entry" for the account titles and enter O for the amounts. Round answers to O decimal places, e.g. 6,578. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Assuming that Whispering uses the periodic method for recording merchandise transactions, record the purchase, return, and payment using the gross method. (If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. Round answers to 0 decimal places, e.g. 6,578. Credit account titles are automatically indented when amount is entered. Do not indent manually. Date Account Titles and Explanation Debit Credit At what amount would the purchase on February 1 be recorded if the net method were used? (Round answer to O decimal places, e.g. 6,578.) Net price (a) Assuming that Whispering uses the perpetual method for recording merchandise transactions, record the purchase, return, and payment using the gross method. (If no entry is required, select "No entry" for the account titles and enter O for the amounts. Round answers to O decimal places, e.g. 6,578. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Assuming that Whispering uses the periodic method for recording merchandise transactions, record the purchase, return, and payment using the gross method. (If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. Round answers to 0 decimal places, e.g. 6,578. Credit account titles are automatically indented when amount is entered. Do not indent manually. Date Account Titles and Explanation Debit Credit At what amount would the purchase on February 1 be recorded if the net method were used? (Round answer to O decimal places, e.g. 6,578.) Net price

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