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By the River Spas, Inc., purchased $12,600 worth of inventory from the Pool Doctor on account, terms of 3/10, n/60. Some of the goods were
By the River Spas, Inc., purchased $12,600 worth of inventory from the Pool Doctor on account, terms of 3/10, n/60. Some of the goods were damaged during shipment, so By the River Spas, Inc., returns $1,300 of the merchandise to the Pool Doctor. Read the requirements. Journalize the following transactions for By the River Spas, Inc. assuming the "net" method is utilized. Explanations are not required. (Record debits first, then credits. Exclude explanations from any journal entries.) a. Purchase of the goods Journal Entry Accounts Debit Credit b. Return of the damaged goods Journal Entry Accounts Debit Credit Question c. Payment for the goods within the discount period Journal Entry Accounts Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question. Journalize the following transactions for By the River Spas, Inc, assuming the "net" method is utilized. Explanations are not required. a. Purchase of the goods b. Return of the damaged goods c. Payment for the goods within the discount period Print Done
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