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Funbure, inc, sold 54,400 of nventory (cost is $1,200) an account to one of ts caustomers The tems were 1/10, m00, FO8 destination On uly
Funbure, inc, sold 54,400 of nventory (cost is $1,200) an account to one of ts caustomers The tems were 1/10, m00, FO8 destination On uly 16, Discount Furniture, inc, paid treight changes of $215 related to the delivery of the goods old on ly 14 On July 20, 190 of goods (cost is $100) were seburmhed by the customer O Jly 23, Discount Fumre Inc, received payment in Read the teauement tom the usoner 14Accounts recevable oualize Dscount Funture's cest of goods sold on July 14 unal Entry Debi Creda hi 14 Journalize the freight charges paid on July 16. Journal Entry Date Accounts Debit Credit Jul 16 Next, jounalize the return of of the damaged goods on July 20, 2018. Start by recording the adjustment to the amount due from the customer. (Do not yet record the inventory adjustm Journal Entry Date Accounts Debit Credit Jul 20 Choose from any list or enter any number in the input fields and then continue to the next question Now adjust the inventory account for the return on July 20, 2018. Journal Entry Debit Credit Date Accounts Jul 4 Journalize the payment in full on July 23 Journal Entry Date Accounts Debit Credit Jul 23 Choose from any list or enter any number in the input fields and then continue to the next
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