185k views
5 votes
Roberto Company uses a perpetual inventory system. On December 1, the company purchased $3,300 of merchandise for cash Complete the following journal entry by selecting the account names from the drop-down menus and entering the dollar amounts in the debit or credit columns

Journal entry worksheet 1 Roberto Company uses a perpetual inventory system. On December 1, the company purchased $3,300 of merchandise for cash. Note: Enter debits before credits General Journal Debit Credit Date Dec. 1 Record entry Clear entry View general journal

User Suliman
by
4.2k points

1 Answer

3 votes

Answer:

Dr Merchandise Inventory for $3,300

Cr Cash for $3,300

Step-by-step explanation:

Based on the information given assuming On December 1, the company purchased $3,300 of merchandise for cash which means that the appropriate journal entry to record these Transaction will be:

Dr Merchandise Inventory for $3,300

Cr Cash for $3,300

User SnK
by
4.7k points