Journalizing purchase transactions from an invoice-perpetual inventory [10-15 min]As the p...

Journalizing purchase transactions from an invoice-perpetual inventory [10-15 min]

As the proprietor of Kingston Tires, Inc., you received the following invoice from a supplier:

Requirements

1. Journalize the transaction required on September 23, 2012.

---

2. Journalize the return on September 28, 2012, of the D39-X4 Radials, which were ordered by mistake.

---

3. Journalize the payment on October 1, 2012, to Fields Distribution, Inc.