Journalize each of the following transactions assuming a perpetual inventory system. Oct. 15 Sold merchandise to Leslie
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Oct. 15 Sold merchandise to Leslie Garth for $900 (cost of sales $600); terms 1IS, n/20.
16 Issued a $100 credit memorandum to Leslie Garth regarding an allowance on the October 15 sale.
25 Collected the amount owing regarding the October 15 sale to Leslie Garth, less the allowance granted on October 16.
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Oct 15 Accounts Receivable Leslie Garth 900 Sales 900 To record sale te...View the full answer
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Related Book For 
Fundamental Accounting Principles
ISBN: 978-0071051507
Volume I, 14th Canadian Edition
Authors: Larson Kermit, Tilly Jensen
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