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Bargain Wholesalers sells pet supplies to retailers including Pet World Supplies Bargain Wholesalers uses perpetual inventory. Use a General Journal to journalize the following three
Bargain Wholesalers sells pet supplies to retailers including Pet World Supplies Bargain Wholesalers uses perpetual inventory. Use a General Journal to journalize the following three transactions during the month of May. On May 4th. Bargain Wholesalers tells Inventory to Pet World Supplies for $8, 250, 00 with terms 1/10. n/30 The cost of the merchandise it $5, 755.00. On May 13^th. Bargain Wholesalers sells an additional $10, 915 in inventory to Pet World Supplies with terms 1/10, n/30 The cost of the merchandise is $6, 925.00. On May 23rd. Bargain Wholesalers receives a check from Pet World Supplies paying the balance due
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