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https://imgur.com/a/VxjET Brief Exercise 5-4 Prepare the journal entries to record the fallowing transact ons on Whispering Winds Corp.'s boaks using a perpetual inventory system. On
https://imgur.com/a/VxjET
Brief Exercise 5-4 Prepare the journal entries to record the fallowing transact ons on Whispering Winds Corp.'s boaks using a perpetual inventory system. On March 2, Whispering Winds Corp.sold S815,000 of merchandise on account to Martinez Company, terms 410, n/30. The cost of the merchandise sold was $603,000. (credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Account Titles and Explanation Debit Credit To record aredt sale) To record cost of merchandse sold) On March 6, indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter merchandise was s60.3.ero for the (credit account todes andise purchased on March for the amounts.) Account Titles and Explanation Debit Credit To record merchandse retumed) To record cost of merchandise returned) On March 12, Whispering winds Corp. received the balance due fram Martinez Company. (Credit account titles are automatically indented when amount is entered. Do not indent manually If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Account Titles and Explanation Debit CreditStep by Step Solution
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