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4. a.On Dec 1, 2019, the Merchandiser Company owner invested $35,000 cash and $15,000 equipment into the business. b.On Dec 3, 2019, the Merchandiser Company

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4. a.On Dec 1, 2019, the Merchandiser Company owner invested $35,000 cash and $15,000 equipment into the business. b.On Dec 3, 2019, the Merchandiser Company purchased inventory for $5,000 from the Supplier Company, cOn Dec 15, 2019, the Merchandiser company sold merchandise to the Customer Company for $500 (Credit terms 1/10, 1/30). The merchandise had cost $200. d.On Dec 23, 2019, the Merchandiser Company received the balance due from the sale on Dec 15 within the discount periodi What is the Gross Profit of the merchandise sold by Merchandiser Kompany to Customer Company on Dec 157 4. Prepare the journal entries for each transaction (account name and S amount to be debited or credited) and the ledger T-accounts, using the following accounts: Cash, Accounts Receivable, Merchandise Inventory, Equipment, Sales Revenue, Sales Discounts, Cost of Goods Sold, Capital. (Please note you may/may not use all of the debit and credit lines below: Place a here Place 04b here Piace Qc here

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