Requirements 1. Journalize the purchase transactions. Explanations are not required 2. In the final analysis, how...

 

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Requirements 1. Journalize the purchase transactions. Explanations are not required 2. In the final analysis, how much did the inventory cost EZ Rider Toys? Requirement 1. Journalize the purchase transactions Explanations are not required. (Assume the company uses a perpetual inventory system Record debits first, then credits Exclude explanations from journal entries.) Jan 6: EZ Rider Toys purchased $155,300 worth of PegaBlock toys on account with credit terms of 2/10, n/45 Date Jan 6 Accounts Debit Credit More info Jan. 6 EZ Rider Toys purchased $155,300 worth of PegaBlock toys on account with credit terms of 2/10, n/45 Jan. 12 EZ Rider Toys returned $15,450 of the merchandise to PegaBlock due to damage during shipment. Jan. 14 EZ Rider Toys paid the amount due, less the return and discount Print Done - X Requirements 1. Journalize the purchase transactions. Explanations are not required 2. In the final analysis, how much did the inventory cost EZ Rider Toys? Requirement 1. Journalize the purchase transactions Explanations are not required. (Assume the company uses a perpetual inventory system Record debits first, then credits Exclude explanations from journal entries.) Jan 6: EZ Rider Toys purchased $155,300 worth of PegaBlock toys on account with credit terms of 2/10, n/45 Date Jan 6 Accounts Debit Credit More info Jan. 6 EZ Rider Toys purchased $155,300 worth of PegaBlock toys on account with credit terms of 2/10, n/45 Jan. 12 EZ Rider Toys returned $15,450 of the merchandise to PegaBlock due to damage during shipment. Jan. 14 EZ Rider Toys paid the amount due, less the return and discount Print Done - X