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20X1 Feb.10 Purchased merchandise for $1,200 from Schmidt, Inc., Invoice 1980, terms 2/3 13 Received Credit Memorandum 230 from Schmidt, Inc., for damaged merchandise were

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20X1 Feb.10 Purchased merchandise for $1,200 from Schmidt, Inc., Invoice 1980, terms 2/3 13 Received Credit Memorandum 230 from Schmidt, Inc., for damaged merchandise were purchased on Invoice 1980, dated February 10. 19 Paid amount due to Schmidt, Inc., for Invoice 1980 of February 10, less the discount, Check 2010. Schmidt, Inc. DATE TRANSACTIONS 20X1 Feb. 10 Sold merchandise for $1,200 on account to Bushard Company, Invoice 1980, ter 13 Issued Credit Memorandum 230 to Bushard Company for damaged merchandise tota purchased on Invoice 1980, dated February 10. 19 Received payment from Bushard Company for Invoice 1980 of February 10, less discount, Check 2010. Required: Journalize the transactions above in a general journal for both Bushard Company and S 20X1 Feb.10 Purchased merchandise for $1,200 from Schmidt, Inc., Invoice 1980, terms 2/3 13 Received Credit Memorandum 230 from Schmidt, Inc., for damaged merchandise were purchased on Invoice 1980, dated February 10. 19 Paid amount due to Schmidt, Inc., for Invoice 1980 of February 10, less the discount, Check 2010. Schmidt, Inc. DATE TRANSACTIONS 20X1 Feb. 10 Sold merchandise for $1,200 on account to Bushard Company, Invoice 1980, ter 13 Issued Credit Memorandum 230 to Bushard Company for damaged merchandise tota purchased on Invoice 1980, dated February 10. 19 Received payment from Bushard Company for Invoice 1980 of February 10, less discount, Check 2010. Required: Journalize the transactions above in a general journal for both Bushard Company and S

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