Required: Journal Entries using PERIODIC INVENTORY SYSTEM
1- Paid P300 for store supplies bought from ABC Store.
7- Bought a typewriter from Honk Store for office use, P15,000. Terms: 2/10,
7- Paid the freight for the above purchase, P500.
8- Cash purchases, P6,000.
9- Bought merchandise from NOA Company, P20,000. Terms: 2/10, n/30. FOB
9- Paid freight for the above merchandise,