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During the months of January and February, Solitare Corporation sold goods to two customers. The sequence of events was as follows: January 6 Sold goods

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During the months of January and February, Solitare Corporation sold goods to two customers. The sequence of events was as follows: January 6 Sold goods for $600 to Wizard Incorporated with terms 2/30,n/60. The goods cost solitare $150. January 6 sold goods to Spyder Corporation for $240 with terns 5/10,n/60. The goods cost solitare \$140. January 14 collected cash for the amount due from Nizard Incorporated. February 20 collected cash for the amount due from spyder corporation. Required: Prepare journal entries to record the transactions, assuming Solitare records discounts using the gross method in a perpetual inventory system. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the sales on account of $600 to Wizard incorporated on terms 2/10, /30 Note: Enter debits before credits

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