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For each source information shown below, prepare the appropriate journal entry. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) a. Purchase order dated October 13 for massage chairs costing $835 and oil supplies costing $310. b. Remittance advice from customer for $107, received October 17. c. Receiving report indicating October 22 receipt of October 13 order. Also received supplier invoice totaling $1,145 d. NGS check for payment in full of October 13 order.

Respuesta :

Oct 13........................No Journal Entry Required

Oct 17.                            Cash..........................................DR            $107

                                                  To Accounts Receivable........................................   $107

(Being cash received by Accounts Receivable)

Oct 22.                          Inventory....................................DR             $1145

                                        To Accounts Payables..........................................        $1145

(Being Purchases made of Chairs and Oil Supplies)

Oct                              Accounts Payable...........................DR            $1145

                                             To Cash............................................................           $1145

(Being Cash paid for purchases made)


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