Purchase of inventory on credit for $14,350. Please select the correct journal entry for it' O Dr Dr O Dr O Dr Cr Inventory Cr Cr Cr Inventory expense Inventory Expenses Cash 14,350 Inventory Accounts payable Inventory 14,350 14,350 14,450 14,350 14,350 14,350 14,350

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter6: Merchandising Transactions
Section: Chapter Questions
Problem 8Q: Sunrise Flowers sells flowers to a customer on credit for $130 on October 18, with a cost of sale to...
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Purchase of inventory on credit for $14,350.
Please select the correct journal entry for it'
Dr
Dr
O Dr
Dr
Cr
Inventory
Cr
Cr
Cr
Inventory expense
Inventory
Expenses
Cash
14,350
Inventory
Accounts payable
Inventory
14,350
14,350
14,450
14,350
14,350
14,350
14,350
Transcribed Image Text:Purchase of inventory on credit for $14,350. Please select the correct journal entry for it' Dr Dr O Dr Dr Cr Inventory Cr Cr Cr Inventory expense Inventory Expenses Cash 14,350 Inventory Accounts payable Inventory 14,350 14,350 14,450 14,350 14,350 14,350 14,350
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