Question: Tactice Problems Saved Help Save Che The Marchetti Soup Company entered into the following transactions during the month of June (1) purchased Inventory on account

 Tactice Problems Saved Help Save Che The Marchetti Soup Company entered
into the following transactions during the month of June (1) purchased Inventory

Tactice Problems Saved Help Save Che The Marchetti Soup Company entered into the following transactions during the month of June (1) purchased Inventory on account for $225,000 (assume Marchetti uses a perpetual inventory system): (2) paid $56,000 in salaries to employees for work performed during the month (3) sold merchandise that cost $152,000 to credit customers for $280.000:14) collected $260,000 in cash from credit customers, and (5) paid suppliers of inventory $205,000. Prepare journal entries for each of the above transactions. (I no entry is required for a transactionevent, select "No journal entry required in the first account field.) View transaction list X 1 Purchased Inventory on account for $225,000 (assume Mard ses a perpetual inve system) month 2 paid $56,000 in salaries to employees for work performed during the month 3 Sold merchandise to credit customers for $280,000 4 Merchandise that was sold cost $152,000 Credit Prey 1 of 12 ! Score answer > D4 a BI # 3 $ 4 % 5 6 & 7 8 9 W E R T Y U O [ S D F G H J IL Journal entry worksheet 2 3 4 5 6 > Purchased inventory on account for $225,000 (assume Marchetti uses a perpetual Inventory system). Note: Enter debits before credits Transaction General Journal Debit Credit Record entry Clear entry View general journal Prev 1 of 12 Score answer > Q RI hp # 3 $ 4 % 5 & 7 ( 9 6 8

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