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19a. b. c. d. Record the following transaction using the periodic method. For account titles use the account names listed above (be cautious about spelling
19a.
b.
c.
d.
Record the following transaction using the periodic method. For account titles use the account names listed above (be cautious about spelling as this can return an incorrect answer). For transaction amounts do not use "$" or commas in your answer. For compound entries list the larger debits and credit first. Purchased $7,900 of goods on account. The freight charges on the goods were $50. DR ACCT DR amount DR ACCT A DR amount CR ACCT A CR amount Found some of the goods from the June 1 purchase, costing $45, that were damaged and were returned to the seller; the seller reduced the amount we owed by the $45. DR ACCT DR amount CR ACCT A CR amount Some items costing $150 were not what we had ordered and could not be used. We returned these items, and the supplier reduced the amount we owed. DR ACCT A DR amount CR ACCT CR amount Paid the supplier the amount owed. DR ACCT DR amount CR ACCT A CR amountStep by Step Solution
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