Question: Question 18 View Policies Current Attempt in Progress Prepare the journal entries to record the following purchase transactions in Crane Company's books. Crane uses a
Question 18 View Policies Current Attempt in Progress Prepare the journal entries to record the following purchase transactions in Crane Company's books. Crane uses a perpetual inventory system. Mar. 12 Crane purchased $22,000 of merchandise from Dalibor Company, terms 2/10, 1/30, FOB destination. 13 The correct company paid freight costs of $245. 14 Crane returned $3,600 of the merchandise purchased on March 12 because it was damaged. 21 Crane paid the balance owing to Dalibor. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles an journal entries in the order presented in the problem.)
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