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Accounting Equations (amount and number), and journalize using the net method. please help with adjusting the accounting equations, amounts and directions of each part. 15.
Accounting Equations (amount and number), and journalize using the net method.please help with adjusting the accounting equations, amounts and directions of each part. 15. On 2/18/20x5, a company sold merchandise on account for $37,200 with terms 2/15, 1/45. TV cost of the merchandise sold was $21,510. Journalize the entry using the net method. (6,60 points) Account/Description Debit Credit Illustrate how the above entry will affect the accounting equation (both amount and direction); Assets Liabilities Owner's Equity 16. Make the entry to record the receipt of payment from the customer for the sale recorded in #15. The payment was received on 2/27/2045. (3.35 Points) Date Account/Description Debit Credit illustrate how the above entry will affect the accounting equation (both amount and direction): Assets Liabilities Owner's Equity Page 18
please help with adjusting the accounting equations, amounts and directions of each part.
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