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25) Journalize the following transactions for Adams Company using the gross method of accounting for sales discounts. Assume a perpetual inventory system. Also, assume a

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Journalize the following transactions for Adams Company using the gross method of accounting for sales discounts. Assume a perpetual inventory system. Also, assume a constant gross profit ratio for all items sold. Make sure to enter the day for each separate transaction. April 9 Sold goods costing $6,000 to Evans Company on account, $10,000, terms 3/10, n/30. April 15 Evans Company was granted an allowance of $1,200 for returned merchandise that was previously purchased on account. The returned goods are in perfect condition. April 19 Received the amount due from Evans Company. Date Account Title Debit Credit

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