Question: Journal entry worksheet < 1 2 3 4 5 Allied made its first and only purchase of inventory for the period on May 3

Journal entry worksheet < 1 2 3 4 5 Allied made itsfirst and only purchase of inventory for the period on May 3for 2,000 units at a price of $8 cash per unit (fora total cost of $16,000). Note: Enter debits before credits. Date May03 General Journal Debit Credit Record entry Clear entry View general journalimage text in transcribed

Journal entry worksheet < 1 2 3 4 5 Allied made its first and only purchase of inventory for the period on May 3 for 2,000 units at a price of $8 cash per unit (for a total cost of $16,000). Note: Enter debits before credits. Date May 03 General Journal Debit Credit Record entry Clear entry View general journal

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