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Information related to Harwick Co. is presented below. Question 1 Information related to Harwick Co. is presented below 1. On April 5, purchased merchandise from
Information related to Harwick Co. is presented below.
Question 1 Information related to Harwick Co. is presented below 1. On April 5, purchased merchandise from Botham Company for $25,100, terms 2/10 net/30, FOB shipping point 2. On April 6, paid freight costs of $790 on merchandise purchased from Botham. 3. On April 7, purchased equipment on account for $26,100 On April 8, returned damaged merchandise to Botham Company and was granted a $4,100 credit for returned merchandise. 5. On April 15, paid the amount due to Botham Company in full. (a) Prepare the journal entries to record these transactions on the books of Harwick Co. under a perpetual inventory system. (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 o for the amounts.) Date Account Titles and Explanation Debit Credit
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