Question: PLEASE DO JOURNAL INVENTORY PURCHASE ENTRY. Assignment5 1) Sep1 Business sold $2400 inventory to ACE Inc., the cost is $600. Terms 2/5, n/15 FOB 2)

PLEASE DO JOURNAL INVENTORY PURCHASE ENTRY.

Assignment5 1) Sep1 Business sold $2400 inventory to ACE Inc., the cost is $600. Terms 2/5, n/15 FOB 2) Sep1 Business purchased $3600 of inventory from Westelm. Terms 1/10, n/20 FOB 3) Sep3 Business purchased $3000 of inventory from Citylight Inc. paid in cash 4) Sep6 Business Received ACE Inc's money. 5) Sep9 business purchased inventory $2700 from SilentSolar Ltd, Terms: 1/5, n/10, FOB 6 Sep 11 Business paid the Westelm in full. 7) Sep30 paid SilentSolar Ltd for the Sep9 purchase

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