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Fill for the 19 june. On June 10,5 arasota Company purchased $7,450 of merchandise on account from Riverbed Company, FOB shipping point, terms 2/10,n/30. Sarasota
Fill for the 19 june.
On June 10,5 arasota Company purchased $7,450 of merchandise on account from Riverbed Company, FOB shipping point, terms 2/10,n/30. Sarasota pays the freight costs of $480 on June 11 . Goods totaling $650 are returned to Riverbed for credit on Jun 12. On June 19, Sarasota pays Riverbed Company in full, less the discount. Both companies use a perpetual inventory systemStep by Step Solution
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