(Solved): Q1 BE5.10 (103) AP Prepare journal entries to record the following vales transactioms in Dalibor Co ...

Q1 BE5.10 (103) AP Prepare journal entries to record the following vales transactioms in Dalibor Company/s books. Dalibor nses a perpetual imventory system. 12. 13. The correct company paid freight costs of 5265 . 14 Jarek returned $\$2,000$ of the merchandise purchased on Mareh 12 becanse it was damaged. The cost of the merchandise retumed was 51,060 . Dalibor examinel th. merchandise, decided it was no longer saleable, and discanded it. 22 Dalibor received the balonce drue from Jarek. Prepare the Journal Entries. a) Which company should pay for the freight? b) How much should Jarek pay (ie. What is the DB to cash in the Mar 22 transaction)?