Question: ( a ) Your answer is correct. Prepare separate entries for each transaction on the books of Marin Company. ( If no entry is required,
a
Your answer is correct.
Prepare separate entries for each transaction on the books of Marin Company. If no entry is required, select No Entry" for the
account titles and enter for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent
manually. Record journal entries in the order presented in the problem.
Date
Account Titles and Explanation
Debit
Credit
Accounts Payable
Inventory
Cash
Inventory
Accounts Payable
Inventory
Cash
eTextbook and Media
List of Accounts
b
Your answer is partially correct.
Prepare separate entries for each transaction for Cullumber Company. The merchandise purchased by Marin on June cost
Cullumber $ and the goods returned cost Cullumber $If no entry is required, select No entry" for the account titles and
enter for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal
entries in the order presented in the problem.
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