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During the month of April, Misha's Crystal Ball, Inc. uses the gross method of accounting for purchases and a perpetual inventory system and had the

During the month of April, Misha's Crystal Ball, Inc. uses the gross method of accounting for purchases and a perpetual inventory system and had the following purchase transactions: April 6 April 9 April 16 Required: Bought merchandise from Crystals Galore on credit for $14,600, terms 2/10, n/30. Misha's Crystal Ball, Inc. returned merchandise that had a selling price of $700. The merchandise was put back into stock. Misha's Crystal Ball, Inc. paid for the merchandise purchased on April 6 less the return, taking any appropriate discount earned. a) Prepare the necessary journal entries for the above transactions

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