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  3. 12a. click computers has the following transaction

12A. Click Computers has the following transactions in July related to purchase and sale of...

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Accounting

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12A. Click Computers has the following transactions in July related to purchase and sale of merchandise inventery. (1) Cick the lcon lo view the transictions? Joumalizo the transactions for Cick. Computers assuming that the company uses the poriodic inventory aystem. (Record debita first, then credas. Select tho explanation on the last line of the journal entry table) 14. 1: Puechase of $20,500 worth of computers on account, terms 2/10,n/30. More info July 1 Purchase of $20,500 worth of computers on account, terms of 2/10,n/30. 3 Return of $4,000 of the computers to the vendor. 9 Payment made on account. 12 Sold computers on account for $8,000 to a customer, terms 3/15,n/30. 21 Accepted a $1,000 return from a customer. 26 Received payment from customer on balance due

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