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.

Question

Nickolas Daugherty

Business

9 March, 08:22

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.

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Myah Stewart · Answer 1

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)