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ard X & O Remaining Time: 1 hour, 40 minutes, 42 seconds. Question Completion Status: The Sears company had the following business transactions during December

ard X & O Remaining Time: 1 hour, 40 minutes, 42 seconds. Question Completion Status: The Sears company had the following business transactions during December Required: Match the appropriate special journals with the business transactions. Write the correct letter from the special journal in the table below. Sold merchandise on credit for $12,000 to Jufair Company The cost of the goods sold is $4,000. Credit terms 2/10, n/30 Invoice No. 167. A Cash Payment journal C. Sales journal 8. Cash Receipt journal Purchased merchandise on credit for $3,500 from Juffair Purchases journal Company, terms 3/15, n/60. Sold merchandise for $1,000 cash to CAR corp, Invoice No. 145. The cost of the goods sold is $400. Paid the amount owed to ABC Company Check No. 187 QUESTION 14 Which inventory valuation method would yield the highest net income in periods of rising prices? Weighted average FIFO None of the answers Specific identification Click Save and Submit to save and submit. Click Save All Answers to save all answers esc 3 Q W E S de

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