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D Question 4 33 pts Stark Industries uses the perpetual inventory system and the gross method of accounting for sales, and had the following

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D Question 4 33 pts Stark Industries uses the perpetual inventory system and the gross method of accounting for sales, and had the following sales transactions during August: Transactions Aug 2 Sold merchandise to Comic, Inc. on credit for $4,800, terms 1/15, n/60. The items sold had a cost of $2,700. Aug 4 Aug 13 Comic, Inc. returned merchandise that had a selling price of $200. The cost of the merchandise returned was $110. Stark returned the goods to inventory. Comic, Inc. paid for the merchandise sold on August 2 less the return, taking any appropriate discount earned. Prepare the journal entries that Stark Industries must make to record these transactions. Edit View Insert Format Tools Table 12pt Paragraph D BI A T' I

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