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help LUPPORT Cullumber's Book Warehouse distributes hardback books to retail stores and extends credit terms of 1/10, 1/30 to all of its customers. During the
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LUPPORT Cullumber's Book Warehouse distributes hardback books to retail stores and extends credit terms of 1/10, 1/30 to all of its customers. During the month of June, the following merchandising transactions occurred: 9. 15 June 1 Purchased books on account for $ 1.900 from Binsfeld Publishers, terms 2/10, 1/30 3 Sold books on account to Reading Rainbow for $2.500. The cost of the books sold was $ 1.700. 6. "Received $ 200 credit for books returned to Binafeld Publishers. Paid Binsfeld Publishers in full Received payment in full from Readine Rainbow 12 Sold books on account to Rapp Books for $1.700. The cost of the merchandise sold was $ 1.020 Purchased books on account for $ 1.700 From Mc Publishers.term/15.6/30 24 Received payment in till from Rapp Books 26 Paid McGinn Publishers in 20 Sold books on contracten to more for 1300. The cost of the mechandise was 920 30 Granted to Bookstore $ 130 credit tortortured in 5711 20 Jourtwntor for Cum Book Wargarettory with entries for credit ridit counter automatically indeed when Donnery regur selector for the counted for the Date Account Tities and Explanation Debit Credit (To record credit sale) To record cost of merchandise sold) (To record credit sale) (To record cost of merchandise sold) (To record credit sal Torcord cost of merchandise sold Step by Step Solution
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