Question: Required: Post, Journalize and record on specific journals and ledgers. The following transactions were completed by Brownfield Company. The company is located in San Diego,
The following transactions were completed by Brownfield Company. The company is located in San Diego, California. Aug. 3 Bought merchandise on account from Keller Company, invoice no. 1998 , $5,544; terms 2/10,n/30; dated August 1; FOB Los Angeles, freight prepaid and added to the invoice, $554 (total $6,098 ). 10 Bought supplies on account from Nichols company, invoice no. A1120, \$572; terms net 30 days; dated August 10; FOB San Diego. 12 Received credit memo no. 170 from Keller Company, $640, for merchandise returned. 15 Bought merchandise on account from Lopez Company, invoice no. 3567C, $3,977; terms 1/10,n/30; dated August 12; FOB Reno; freight prepaid and added to the invoice, $380 (total $4,357 ). 17 Received credit memo no. 435 from Nichols Company, 552 , for allowance on damaged supplies purchased August 10
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