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  3. on march 1, pom's co, a women's clothing store pur

On March 1, Pom's Co, a women's clothing store purchased $74,600 of merchandise from a...

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Accounting

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On March 1, Pom's Co, a women's clothing store purchased $74,600 of merchandise from a supplier on account, terme destination, 2/10, W30. On March 6, Pott's returne $9.500 of the merchandion, receiving a credit.meme, and then paid the amount due on March 9, within the discount period Joumatre Pof entries to record (m) the purchase, (b) the merchandise return, and (c) the payment. Peter to the chart of accounts for the enact wording of the account ows. CNOW jumalu do not use inest for joumal explanations. Every line on a jouma/ page is used for debitor credit entries. CNOW foumals will automadowy indere a credit entry when a crede amount as anteved Joumalize Port's entries to record (w) the purchase. (b) the merchandise return and (c) the payment Refer to the chart of accounts for the exact wording of the account thes. CNOW journale do not use tires for yournal explanations. Every line on a joumal page is used for debt or credit ontries. CNOW foumals will automatically indert a credit entry when a credit amount is entered MGE 10 JOURNAL ACCOUNTING EQUATION DATE DESTION POSTRES DET CREDIT ASSETS LIABILITIES COUNTY

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