Question: Question 2 of 6 < > View Policies -/1 E ! Current Attempt in Progress Prepare the journal entries to record the following purchase


Question 2 of 6 < > View Policies -/1 E ! Current Attempt in Progress Prepare the journal entries to record the following purchase transactions in Riverbed Inc's books, Riverbed uses a perpetual inventory system. (List all debit entries before credit entries. 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 and enter O for the amounts.) Jan. 2 Riverbed purchased goods for $57,600 from Fundy Corp. terms n/45, FOB destination. 5 The appropriate company paid freight costs of $1,200. 6 Riverbed returned $7,680 of the goods purchased on January 2, because they were not needed. 11 Riverbed paid the balance owed to Fundy. Date Account Titles and Explanation Debit Credit following purchase transactions in Riverbed incS DOOKS Riverbed uses a perpetual inventory system. (List all debit entries before credit entries. 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 and enter O for the amounts.) Jan. 21 Riverbed purchased goods for $57,600 from Fundy Corp. terms n/45, FOB destination. The appropriate company paid freight costs of $1.200. Riverbed returned $7,680 of the goods purchased on January 2. because they were not needed. 5 6 11 Riverbed paid the balance owed to Fundy Date Account Titles and Explanation Debit Credit Date Account Titles and Explanation Debit Credit eTextbook and Media List of Accounts
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