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Journalize and solve the following independent purchase transactions. 1.Purchase from a supplier who agreed that...

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Accounting

Journalize and solve the following independent purchase transactions.

1.Purchase from a supplier who agreed that payment is every end of the month, merchandise costing P10,000. The amount is exclusive of VAT.

2.Purchase merchandise worth P8,000 exclusive of VAT.

3.Purchase merchandise from a supplier for P44,800 inclusive of VAT. The company paid a 20% down payment and the balance at the end of the month.

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