Golden Company Had the Following Transactions Use the Following Purchases Journal to Record the Preceding Transactions

Essay

Golden Company had the following transactions:
$$\begin{array} { | l | l | } \hline \text { Oct } 1 & \begin{array} { l } \text { Purchased merchandise inventory on account with credit terms of } 1 / 10 , \mathrm { n } / 30 \text { from } \\\text { Rice Co., } \$ 2,100 .\end{array} \\\hline 10 & \text { Purchased office supplies on account from MET Co., } \$ 250 . \text { Terms were } \mathrm { n } / \mathrm { EOM } \\\hline 26 & \begin{array} { l } \text { Purchased furniture on account with credit terms of } 2 / 10 , \mathrm { n } / 60 \text { from Ocean Co. } \\\$ 1,700 .\end{array} \\\hline & \\\hline\end{array}$$ Use the following purchases journal to record the preceding transactions.The company uses a perpetual inventory system.