Question: G. Journal Entries ( 28 points) - To get full credit, journal entries must be complete with an explanation. 1. Journalize each of the following

G. Journal Entries ( 28 points) - To get full credit,

G. Journal Entries ( 28 points) - To get full credit, journal entries must be complete with an explanation. 1. Journalize each of the following transactions assuming a perpetual inventory system: June 1 Purchased $2,400 of merchandise inventory; terms: 1/10, n/30. 2 Returned $100 worth of damaged merchandise to supplier. 14 Paid the June 1 purchase. 15 Purchased $6,000 of merchandise inventory; terms: 2/15, n/30. 28 Paid the June 15 purchase. General Journal Date Account Titles PR Debit Credit Page 8 1 10 2 +

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