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E5-2A. Journal Entries for Sale, Return, and Remittance-Perpetual System On September 13, Brady LO3 Company sold merchandise with an invoice price of $1,100 ($600 cost),

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E5-2A. Journal Entries for Sale, Return, and Remittance-Perpetual System On September 13, Brady LO3 Company sold merchandise with an invoice price of $1,100 ($600 cost), with terms of 2/10, n/30, to Dalton Company. On September 17, $250 of the merchandise ($100 cost) was returned because it was the wrong model. On September 23, Brady Company received a check for the amount due from Dalton Company. Required Prepare the journal entries made by Brady Company for these transactions. Brady uses the perpetual inventory system

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