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24) Tahoe Ski Company uses the perpetual inventory system and the gross method of accounting for purchases The company had the following transactions during January
24) Tahoe Ski Company uses the perpetual inventory system and the gross method of accounting for purchases The company had the following transactions during January January 6: Purchased $4,000 of inventory. The seller's credit terms are 2/10, n/30. January 8: Returned $200 worth of defective units and received full credit. January 15: Paid the amount due, less the returned items. Prepare journal entries to record each of the preceding transactions. Be sure to include& label your computations in order to earn credit. (15 points) General Journal Date Accounts Debit Credit
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