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Customer return and refund Instructions Chart of Accounts Journal Journal Instructions On December 28, 203, Silverman Enterprises sold $18.500 of merchandise to Beasley Co with

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Customer return and refund Instructions Chart of Accounts Journal Journal Instructions On December 28, 203, Silverman Enterprises sold $18.500 of merchandise to Beasley Co with terms 2/10, 1/30. The cost of the goods sold was $11,200. On December 31, 203, Silverman prepared its adjusting entries, yearly financial statements, and closing entries. On January 3, 2014, Siverman Enterprises issued Beasley Co, a credit momo for returned merchandise. The invoice amount of the returned merchandise was $4,000 and the merchandise originally cost Silverman Enterprises $2,350 A. Journalize the entries by Silverman Enterprises to record the December 28, 2093 sale, using the net method under a perpetual inventory system. B. Journalize the entries by Silverman Enterprises to record the merchandise returned by Beasley Co. on January 3, 2014 C. Journalize the entry to record the recept of the amount due by Beasley Co on January 7, 2014 A. Journalize the entries by Silverman Enterprises to record the December 28, 20Y3. sale. Refer to the Chart of Accounts for exact wording of account bles. PAGE 1 JOURNAL ACCOUNTING EQUATION DATE DESCRIPTION POST. REF DEBIT CREDIT ASSETS LIABILITIES EQUITY 1 2 3 4 Journal B. Journalize the entries by Silverman Enterprises to record the merchandise returned by Beasley Co. on January 3, 2014. Refer to the Chart of Accounts for exact warding of account titles PAGE 1 JOURNAL ACCOUNTING EQUATION DATE DESCRIPTION POST. REF DEBIT CREDIT ASSETS LIABILITIES EQUITY 1 2 5 4 C. Journalize the entry to record the receipt of the amount due by Beasley Co. on January 7, 2014. Refer to the Chart of Accounts for exact wording of account titles PAGE 1 JOURNAL ACCOUNTING EQUATION DATE DESCRIPTION POST. REF DEBIT CREDIT ASSETS LIABILMES EQUITY 1

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