Lois Long received $300 of merchandise from Blue Co. What would be the journal entry on the

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Lois Long received $300 of merchandise from Blue Co. What would be the journal entry on the books of both the buyer and the seller? The cost of the inventory sold was $225.

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College Accounting A Practical Approach

ISBN: 978-0134166698

13th Canadian edition

Authors: Jeffrey Slater, Debra Good

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