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fill in blanks During the months of January and February, Axe Corporation purchased...

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Accounting

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During the months of January and February, Axe Corporation purchased goods from three suppliers. The sequence of events was as follows Jan. 6 Purchased goods for $2,600 from Green with terms 2/10, n/30 6 Purchased goods from Munoz for $2,300 with terms 2/10, n/30. 14 Paid Green in full. Feb. 2 Paid Munoz in full. 28 Purchased goods for $1,050 from Reynolds with terms 2/10, n/45 Required Prepare journal entries to record the transactions, assuming Axe uses a perpetual inventory system. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list 1 Record the inventory purchased of $2,600 on account from Green with terms 2/10, n/30. h terms 2 Record the inventory purchased of $2,300 on account from Munoz with terms 2/10, n30 3 Record the payment in full for the inventory to Green. 4 Record the payment in full for the inventory to Munoz. 5 Record the inventory purchased of $1,050 on account Credit from Reynolds with terms 2/10, n/45. Note : journal entry has been entered Record entry Clear entry View general journal

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