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(a) Prepare the journal entries to record these transactions on the books of Concord Corporation under a perpetual inventory system. (Credit account titles are automatically
(a) Prepare the journal entries to record these transactions on the books of Concord Corporation under a perpetual inventory system. (Credit account titles are automatically indented when amount is entered. Do not indent manually, If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation Debit Credit V v Attempts : 0 of 1 used Submit Answer 66F ClearInformation related to Concord Corporation is presented below 1. On April 5, purchased merchandise on account from Sarasota Company for $27,300, terms 2/10, net/30, FOB shipping po 2. On April 6, paid freight costs of $830 on merchandise purchased from Sarasota. 3. On April 7. purchased equipment on account for $32,800 4. On April 8, returned damaged merchandise to Sarasota Company and was granted a $6,900 credit for returned merchandis 5. On April 15, paid the amount due to Sarasota Company in full a Prepare the journal entries to record these transactions on the books of Concord Corporation under a perpetual inventory system. (Credit account titles are automatically indented when amount is entered. Do not indent manually If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation Debit Credit 66 F O
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