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helppp- part/requirement 2 Requirement 2. Journalize those transactions on the books of Mand L. Furtun Warenom, muuming te vermuthed on used record ootes front, room.no
helppp- part/requirement 2
Requirement 2. Journalize those transactions on the books of Mand L. Furtun Warenom, muuming te vermuthed on used record ootes front, room.no from wym Jul Thompson Furnishings purchased $13,000 of merchandise from Mand L. Future Wwwse an account fum, 316, 30 FOB shpong. The good cool and Liture Wwthouse 2.700 Begin by joumaizing the revenue from the sale of merchando (Do not yet record the cost related to these we will do we in ostamenty Joumal Entry Date Accounts Debit Credit More Info Jul 4 Thompson Furnishings purchased $12,000 of merchandise from M and L Furniture Warehouse on account. Terms, 3/15, n/30, FOB shipping point. The goods cost M and L Furniture Warehouse $2,700. 7 Thompson Furnishings paid a $25 freight bill for delivery of the goods purchased on July 4. 10 Thompson Furnishings returned $1,700 of the merchandise purchased on July 4. The goods cost M and L Furniture Warehouse $550 18 Thompson Furnishings paid $1,200 of the July 4 invoice less the discount. 31 Thompson Furnishings paid the remaining amount owed on the July 4 invoice. Print Done Step by Step Solution
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