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How would these invoices be journalized? Flask December 9 Purchased merchandise on account from Swift Incorporated, at a total net cost of $62,172.00 The cash
How would these invoices be journalized? Flask December 9 Purchased merchandise on account from Swift Incorporated, at a total net cost of $62,172.00 The cash terms are 1/10, n/30, and the merchandise is shipped FOB destination. Invoice Number: S4234. Vendor Number: 27000. Merchandise listed on the purchase invoice: Item Quantity Stock Number SW660 SW999 SSS30 8 SWIFT ENDURO SWIFT ARROW QUAD HAULER Net Cost Per Unit $5,940.00 $9,900.00 $1,188.00 1 4 December 10 Merchandise and accessories were purchased from Morelli Sports Equipment for $5,010.00 The cash terms are net 30, and the goods are shipped FOB shipping point. The transportation costs will be billed separately by the carrier. Invoice Number: M4006. Vendor Number: 24850. Merchandise listed on the purchase invoice: Stock Item Quantity Net Cost Number Per Unit J1001 M WIND TEK SUIT MD 14 $150.00 J2002 M WIND TEK SUIT LG 12 $160.00 M0300 W TRAIL BOOTS 18 $55.00 December 10
How would these invoices be journalized?
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