Journalize the Following Transactions

question 15

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. 10 transaction.
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__________________________________________ __________ __________
__________________________________________ __________ __________

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Definitions:

Benzedrine

A stimulant drug containing amphetamine, historically used to treat a variety of conditions.

Methedrine

A trademarked name for methamphetamine, a powerful central nervous system stimulant commonly used recreationally and, less commonly, for medical purposes.

Dexedrine

A brand name for dextroamphetamine, a central nervous system stimulant used to treat ADHD and narcolepsy.

Amphetamines

A class of stimulant drugs that affect the central nervous system to increase energy and alertness, often prescribed for attention deficit hyperactivity disorder (ADHD) and narcolepsy but also used illicitly.