Question: Please read the notes above to solve the problem in the graph boxes below R PSB 9-1 Record Journal Entries (Purchase Transactions) For each transaction,

Please read the notes above to solve the problem in the graph boxes below

Please read the notes above to solve the problem in the graph

R PSB 9-1 Record Journal Entries (Purchase Transactions) For each transaction, record the necessary journal entry assuming the company uses the perpetual inventory system. 1. On October 11, the company purchases merchandise inventory on account for $900. 2. On October 17, the company pays $1,400 cash for merchandise inventory. 3. On October 28, the company remits full payment of $900 for the merchandise inventory purchased on 10/11. Notes: + Enter the transaction date on the first line only (if multiple transactions are required, enter the date on the first line of each transaction). Enter all debits within the transaction prior to entering any credits. To earn any credit for a given line within the journal entry, the account name must be correct. Partial credit is given for a correct account name with an incorrect amount; full credit is given for a correct account name with the correct amount. * Do notinclude journal entry explanation when submitting your answer. It may not be necessary to use all visible rows to record each journal entry. Record journal entries in the order in which the transactions are presented. Open Directions in Popup Window [} MM/DD I L Select > Select Select \" MM/DD Select ~ Select \" Select s MM/DD Select Select | | Select

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