Search This Blog

Showing posts with label Wedell Company. Show all posts
Showing posts with label Wedell Company. Show all posts

Friday, October 9, 2015

Pocras Company buys merchandise on account from Wedell Company

BE5-2 Pocras Company buys merchandise on account from Wedell Company. The selling price of the goods is $900 and the cost of the goods sold is $590. Both companies use perpetual inventory systems. Journalize the transactions on the books of both companies.

Click here for the solution: Pocras Company buys merchandise on account from Wedell Company