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h5hw 1 Question 5, SF5-7 (book/static) Part 1 of 7 HW Score: 09, 0 of 34 points O Point of 3 Save Suppose Piranha.com sells

h5hw 1 Question 5, SF5-7 (book/static) Part 1 of 7 HW Score: 09, 0 of 34 points O Point of 3 Save Suppose Piranha.com sells 3,500 books on account for $17 each (cost of these books is $35,700) on October 10 to The Textbook Shurs. Several books were slightly damaged in shipment, Piranha.com granted a sales allowance of $1,000 to The Textbook Store on October 13. On October 25, The Textbook Store paid the balance due. (Assume both rep inventory system) K Read the requirements Requirement 1. Journalize The Textbook Store's October transactions. (Record debits first, then credits. Exclude explanations from jou Oct. 10: Piranha.com sells 3,500 books on account for $17 each on October 10 to The Textbook Store. Record the transaction on the books of The Textbook Store Date Oct. 10 Accounts Debit Credit - X Requirements 1. Journalize The Textbook Store's October transactions. 2. Journalize Piranha.com's October transactions. The company estimates sales returns at the end of each month

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