Solution-Record transactions related to bhakti purchase of

Problem 1: Bhakti Games is a chain of board game stores. Record entries for the following transactions related to Bhakti's purchase of inventory.

A. On October 5, Bhakti purchases and receives inventory from XYZ Entertainment for $6,000 with credit terms of 2/10 net 30.

B. On October 7, Bhakti returns $1,500 worth of the inventory purchased from XYZ.

C. Bhakti makes payment in full on its purchase from XYZ on October 14.
If an amount box does not require an entry, leave it blank.

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Record transactions related to bhakti purchase of inventory : Bhakti Games is a chain of board game stores. Record entries for the following transactions related to Bhakti's purchase of inventory.

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