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I need to create journal entries for each one (Click the icon to view the transactions.) Requirements 1. Journalize these transactions on the books of
I need to create journal entries for each one
(Click the icon to view the transactions.) Requirements 1. Journalize these transactions on the books of Antique Fine Furnishings. 2. Journalize these transactions on the books of K and B Furniture Warehouse. More Info ns fror Antique Fine Furnishings purchased $8,000 of merchandise from K and B Furniture Warehouse on account. Terms, 1/15, n/30, FOB shipping point. The goods cost K and B Furniture Warehouse $2,700 Antique Fine Furnishings paid a $250 freight bill for delivery of the goods purchased on August 4. Antique Fine Furnishings returned $1,200 of the merchandise purchased on August 4. The goods cost K and B Furniture Warehouse $600 Antique Fine Furnishings paid $1,900 of the August 4 invoice less the discount. (Discounts can be taken on partial payments.) Antique Fine Furnishings paid the remaining amount owed on the August 4 invoice Aug 4 lpping 7 10 18 31 Print Done Aug 7: Antique Fine Furnishings paid a $250 freight bill for delivery of the goods purchased on August 4. Journal Entry Date Accounts Debit Credit Aug 7Step by Step Solution
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