Enter the following transaction into the general journal provided. (account names must be as they...
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Enter the following transaction into the general journal provided. (account names must be as they appear in the Worksheet below): On 12 June 2020, the business purchased inventory on terms 2/10 n30. The invoice totalled $2,750. Dr Cr 12/06/2020 We paid for this on 20 June. Complete the relevant journal: Dr Cr Enter both journals in the following T accounts (amounts only): Cash at Bank Inventory Opening Bal 7,095 Opening Bal 2,550 Closing Bal Closing Bal Accounts Payable Capital Opening Bal 6,250 Opening Bal 1,225 Closing Bal Closing Bal
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