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1 Need 100 percent perfect answer in 20 minutes. I promise i will rate positive . Journalize the following transactions for the buyer, Bell Company,

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1 Need 100 percent perfect answer in 20 minutes. I promise i will rate positive .

Journalize the following transactions for the buyer, Bell Company, using the net method to account for purchase discounts. Assume a perpetual inventory system. May 7 Purchased goods from Goldmark Company on account, $5,000, terms 2/10, n/30. May 13 Returned defective merchandise to Goldmark Company that was previously purchased on account, $750. May 18 Paid the amount due to Goldmark Company. Date Account Title Debit Credit

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