Question: Current Attempt in Progress Prepare the lournal entries to record the following purchase transactions in Monty inc's books. Monty uses a perpetual inventary system. (List

 Current Attempt in Progress Prepare the lournal entries to record the
following purchase transactions in Monty inc's books. Monty uses a perpetual inventary

Current Attempt in Progress Prepare the lournal entries to record the following purchase transactions in Monty inc's books. Monty uses a perpetual inventary system. (List all deblt entries before crefit entries. Orefit account ticles are dutomatically indented when the amount is enterd, Do not indent manually. If no entry ls requined, select TNo Entry" for the account tilles and enter ofor the amountz) Jan, 2 Monty purchased goods for 543,200 from Fundy Corp, terms nu 45, FOE destination 5. The appropriate compam paid treight costs of $380. 6. Monty returnod 55,760 of the noods purchased on January 2, becane they were not needed 11 Monty pald the balance owed to Fundy. 13i

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