Hello, can you help me finish this, I got most of it done, but im...
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Hello, can you help me finish this, I got most of it done, but im stuck in a few parts.
Assuming that Bramble uses the periodic method for recording merchandise transactions, record the purchase, return, and payment using the gross method. (If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. Round \begin{tabular}{|c|c|c|c|} \hline Date & Account Titles and Explanation & Debit & Credit \\ \hline \multirow[t]{2}{*}{ Feb. 1 } & Inventory & 8370 & \\ \hline & Accounts Payable & & 8370 \\ \hline \multirow[t]{2}{*}{ Feb. 4} & Accounts Payable & 2070 & \\ \hline & Inventory & & 2070 \\ \hline \multirow[t]{3}{*}{ Feb. 13} & Accounts Payable & 6300 & \\ \hline & Cash & & \\ \hline & Inventory & & \\ \hline \end{tabular} At what amount would the purchase on February 1 be recorded if the net method were used? (Round answer to 2 decimal places, e.g. 6,578.25.) Net price \$ Bramble Industries purchased $9,300 of merchandise on February 1,2025 , subject to a trade discount of 10% and with credit terms of 3/15,n/60. It returned $2,300 (gross price before trade or cash discount) on February 4 . The invoice was paid on February 13. Date Account Titles and Explanation Feb. 1 Feb. 1 Purchases Accounts Payable Feb. 4 Accounts Payable Purchase Returns and Allowances Feb. 13 Debit 8370 2070 Credit 8370 Accounts Payable Cash Purchase Discounts
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