The Bixby Co. had the following transactions involving the purchase of merchandise. Prepare the necessary general journal entries. Any applicable freight costs are prepaid by the seller. The perpetual inventory method is in use. 
-Prepare the necessary general journal entry for June 16. Purchased merchandise having a price of $9,000 from the Ajax Supply House on account with credit terms 2/10, n/30. Transportation terms F.O.B shipping point. The freight costs were $175.
__________________________________________ __________ __________
__________________________________________ __________ __________
__________________________________________ __________ __________
Definitions:
Duration Variance
A measure used in project management to quantify the difference between the planned and actual duration of project activities.
PERT Analysis
Project Evaluation and Review Technique, a statistical tool used in project management designed to analyze and represent the tasks involved in completing a given project, incorporating time estimates for completing each task.
Critical Path
The most extended line of activities within a project's plan that requires punctual completion for the project to finalize on its expected completion date.
Project Scheduling
The process of allocating time to tasks in a project to ensure it is completed within the set timeline, often visualized through tools such as Gantt charts.
Q18: To examine in detail the weekly payroll
Q18: To determine how much merchandise was returned
Q22: Prepare the necessary general journal entry for
Q36: When calculating the employer's payroll tax expense,the
Q46: The normal balance of the Bad Debts
Q79: What is required of an employer by
Q86: A sales discount correctly taken by the
Q97: The return of merchandise was recorded as
Q109: Gross Accounts Receivable is $17,000.Allowance for Doubtful
Q132: When calculating the employee's payroll,the clerk forgot