Question: View the purchases. View the additional information. Read the requirements. Requirement 1 . Make summary journal entries to record the store's transactions for the current
View the purchases. View the additional information.
Read the requirements.
Requirement Make summary journal entries to record the store's transactions for the current fiscal year ended February XX Movie Buy uses a perpetual inventory system.
Let's start with the entry to record the purchases. Record debits first, then credits. Exclude explanations from journal entries.
Next, record the cash payments on account. Record debits first, then credits. Exclude explanations from journal entries.
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