Question
Record the following transactions on the books of MS Co. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) (a)
Record the following transactions on the books of MS Co. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) (a) On July 1, RA5 Co. sold merchandise on account to Waegelein Inc. for $17,400, terms 4/10, n/30.
(b) On July 8, Waegelein Inc. returned merchandise worth $5,100 to MS Co.
(c) On July 11, Waegelein Inc. paid for the merchandise.
(a) (b) (c) Account Titles and Explanation Debit Credit
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Accounting Principles
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
12th edition
1119132223, 978-1-119-0944, 1118875052, 978-1119132226, 978-1118875056
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