Prepare journal entries assuming the company uses the gross

Rosie Industrial had the following transactions

10/1 purchased merchandise on credit for $2400

10/7 purchased merchandise for cash $4200

10/9 sold merchandise costing $4700 for $7500 on credit

A) prepare journal entries assuming the company uses the gross method when accounting for purchases and a perpetual inventory

B) prepare journal enteries assuming the company uses the gross method and a periodic inventory

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Prepare journal entries assuming the company uses the gross : rosie industrial had the following transactions101 purchased merchandise on credit for 2400107 purchased merchandise

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