Question: i need help jouralizing transactions and adjusting entries using a perpetual inventory system Current Attempt in Progress On December 1, 2022, Bonita Company had the
Current Attempt in Progress On December 1, 2022, Bonita Company had the account balances shown below. (4,600$0,60) The following transactions occurred during December Dec 3 Purchased 4,800 units of inventory on account at a cost of $0.74 per unit. 5. Sold 5,300 units of imventory on account for $0.90 per unit. (Bonita sold 4,.600 of the $0.60 units and 700 of the $0.74 ) 7 Granted the December 5 customer $150 credit for 200 units of inventory returned costing $100. These units were returned to inventory. 17 Purchased 2,300 units of inventory for cash at $0.80 each. 22 Sold 3,600 units of inventory on account for $0.95 per unit. (Bonita sold 3,600 of the $0.74 units)
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