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Prepare the journal entries related to payment for the goods. (List all debit entries before credit entries. Credit account tities are automatically indented when the amount is entered. Do not indent manually.) Attempts: 0 of 1 used (d) The parts of this question must be completed in order. This part will be available when you complete the part above. Crane Corporation uses the perpetual inventory system and began business on April 1. During the month Crane made inventory purchases of $85,300 on terms of 3/10,n/30. Crane returned $3,900 worth of goods during the month. Crane made all payments in time to take advantage of the offered cash discounts during the month. Crane sold inventory on account with a value of $73,300 and a markup of 30% on the cost. These were the only inventory transactions during the month. Leo uses the gross method in accounting for cash discounts. Prepare the journal entries related to: (a) Your answer has been saved. See score details after the due date. Prepare the journal entry related to the purchase of goods. (List debit entry before credit entry. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Prepare the journal entries related to the return of goods. (List debit entry before credit entry. Credit account tities are automatically Indented when the amount is entered Do not indent monually) Attempts: 0 of 1 used (c) The.parts of this question must be completed in order. This part will be available when you complete the part above. (d) The parts of this question must be completed in order. This part will be avaliable when you complete the part above

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