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Anventory system. The company has the following transactions during may 2013 may 5: Purchased $2900 of merchandise on account Freight and credit terms were TCB
Anventory system. The company has the following transactions during may 2013 may 5: Purchased $2900 of merchandise on account Freight and credit terms were TCB Shipping point 3/15, 1/60 maye Paid transportation cost $440 for the may 5 purchase. may 10: Return $600 of defective merchandise that had been purchased on ceresco May5 may 15: Paid for the merchandise purcha archased in May 5 Prepare Journal entries for May 10 and may 15
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