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8 13 14 15 23 Sold merchandise on account to Quinn Co., $17,080 with terms 1/15. The cost of the merchandise sold was $10,010. Paid

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8 13 14 15 23 Sold merchandise on account to Quinn Co., $17,080 with terms 1/15. The cost of the merchandise sold was $10,010. Paid Moonlight Co. on account for purchase of November 3, less return of November 6. Sold merchandise on VISA, $246,980. The cost of the merchandise sold was $152,530. Paid Papoose Creek Co. on account for purchase of November 5, Received cash on account from sale of November 8 to Quinn Co. Sold merchandise on account to Rabel Co., $52,400, terms 1/10, 1/30. The cost of the merchandise sold was $31,410 Paid VISA service fee of $3,220. Paid Quinn Co, a cash refund of $1,770 for damaged merchandise from sale of November 8. Quinn Co kept the merchandise 24 28 30 Required: Journalize the transactions. Refer to the chart of accounts for the exact wording of the account nives. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debitor credit entries. CNOW journals will automatically indent a credit entry witan a credit amount is entered. Instructions The following were selected from among the transactions completed by Harrison Company during November of the current year: Nov. 3 4 5 6 Purchased merchandise on account from Moonlight Co., list price $93,000, trade discount 30%, terms FOB destination, 2/10, n/30 Sold merchandise for cash, $35,370. The cost of the merchandise sold was $23,670 Purchased merchandise on account from Papoose Creek Co., $44.400, terms FOB shipping point, 2/10, 1/30, with prepaid freight of $810 added to the invoice Returned $13,300 ($19,000 list price less trade discount of 30%) of merchandise purchased on November 3 from Moonlight Co. Sold merchandise on account to Quinn Co., $17,080 with terms 1/15. The cost of the merchandise sold was $10,010. Paid Moonlight Co. on account for purchase of November 3, less retum of November 6, Sold merchandise on VISA $246,980. The cost of the merchandise sold was $152,530. Paid Papoose Creek Co. on account for purchase of November 5. Received cash on account from sale of November 8 to Quinn Co. B 13 14 15 23 24 Sold merchandise on account to Rabel Co., $52,400, terms 1/10, 1/30. The cost of the merchandise sold was $31.410

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