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I need help in journal number 6 and 11 please Dominum Corp. Is a mining company that mines, produces, and markets teledine, a common mineral
I need help in journal number 6 and 11 please
Dominum Corp. Is a mining company that mines, produces, and markets teledine, a common mineral substance. The mineral is mined and produced in one large batch per year, as the mine is accessible only for a brief period in the summer due to severe weather conditions at the mine site. Dominum has an advance purchase contract with one customer that takes all of Dominum's output each year. The agreement allows the customer to return defective product for up to 60 days from the date of delivery. Transactions in 206 were: Required: 1. Prepare all the journal entries to record these events assuming the critical event is at the point of dellivery. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in whole dollars.) Answer is complete but not entirely correct. 2. This part of the question is not part of your Connect assignment Step by Step Solution
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