Take me to the text JB Café bought $2,250 worth of produce on account from a produce supplier on March 25, 2021. On March 26, JB's bookkeeper was informed that $180 worth of tomatoes was substandard and returned to the supplier. Prepare the journal entry to record the purchase return using the perpetual inventory system. Do not enter dollar signs or commas in the input boxes. Required Prepare the journal entry for JB Café on March 26. Date 2021 Mar 26 Account Title and Explanation Record the purchase return Debit Credit

Take me to the text JB Café bought $2,250 worth of produce on account from a produce supplier on March 25, 2021. On March 26, JB's bookkeeper was informed that $180 worth of tomatoes was substandard and returned to the supplier. Prepare the journal entry to record the purchase return using the perpetual inventory system. Do not enter dollar signs or commas in the input boxes. Required Prepare the journal entry for JB Café on March 26. Date 2021 Mar 26 Account Title and Explanation Record the purchase return Debit Credit

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter6: Merchandising Transactions

Section: Chapter Questions

Problem 5EA: On April 5, a customer returns 20 bicycles with a sales price of $250 per bike to Barrio Bikes. Each...

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