Al Bushra LLC accounting records shows the following for the year ending on 31 December 2017, Purchase Discounts RO 560, Purchases RO 30,000, Transportation in RO 30. Ending Inventory (Counted) RO 2880, Purchase Returns 640. The value of Net Cost of Purchases assuming that the business does not have any beginning merchandise inventory a. RO 28,830 b. RO 28,800 c. RO 25,950 d. RO 28,770

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Q: I dont know.how to do part a and b. Thank you for your help

A: a) Prepare the journal entries for the given transaction:

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A:

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