Question: Question 21 --/15 View Policies Current Attempt in Progress This information relates to Carla Vista Co. 1. On April 5 purchased merchandise from Newport Company
Question 21 --/15 View Policies Current Attempt in Progress This information relates to Carla Vista Co. 1. On April 5 purchased merchandise from Newport Company for $21,000, terms 2/10,n/10. 2. On April 6 paid freight costs of $800 on merchandise purchased from Newport. 3. On April 7 purchased equipment on account for $29,000. 4. On April 8 returned some of April 5 merchandise to Newport Company which cost $2,500. 5. On April 15 paid the amount due to Newport Company in full. Prepare the journal entries to record the transactions listed above on the books of Carla Vista Co. Carla Vista Co, uses a perpetual inventory system. (Credit account titlestare automatically indented when the amount is entered. Do not indent manually Record journal entries in the order presented in the problem.)
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