Journalize the Following Transactions

question 110

Essay

Journalize the following transactions. All purchases are on account and subject to terms of 2/10, n/30. The perpetual inventory method is used.
Nov. 3 Purchased merchandise with a price of $4,000 from the Bart Inc.
Nov. 5 Purchased merchandise from the Thies and Co. with a price of $2,000.
Nov. 7 Purchased merchandise with a price of $2,000 from the Montana Supply Co.
Nov. 10 Paid the amount due to Bart Inc.
Nov. 12 Paid the amount due to Thies and Co.
Nov. 23 Paid the amount due to Montana Supply Co.
-Journalize the Nov. 7 transaction.
__________________________________________ __________ __________
__________________________________________ __________ __________
__________________________________________ __________ __________

---

Definitions:

Civic Reformers

Individuals or groups who advocate for political and social improvements within a community or society.

Effectiveness

The degree to which something achieves its intended outcome or results with a minimum amount of waste, expense, or unnecessary effort.

Haymarket Riot

A violent confrontation between police and labor protesters in Chicago in 1886, marking a significant moment in the labor movement in the United States.

Homestead Strike

An 1892 labor strike against the Carnegie Steel Company, notable for its violence and the use of strikebreakers and private security to suppress workers.