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ionLocator=&inprogress=false Book Show Me How Calculator Purchase Related Transactions Instructions Chart of Accounts Journal Instructions On March 1 Poffs Co, a women's clothing store, purchased

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ionLocator=&inprogress=false Book Show Me How Calculator Purchase Related Transactions Instructions Chart of Accounts Journal Instructions On March 1 Poffs Co, a women's clothing store, purchased 573,000 of merchandise from a supplier on account, terms FOB destination, 2/10, n/30. On March 5 Poff's returned $9.900 of the merchandise, receiving a credit memo, and then paid the amount due on March 9, within the discount period Journalize Poff's entries to record (a) the purchase (b) the merchandise retum and (c) the payment Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries CNOW joumals will automatically indent a credit entry when a credit amount is entered Purchase Related Transactions Chart of Accounts Journal Instructions Journal JOURNAL ACCO DATE DESCRIPTION POST. REF. DEBIT CREDIT ASSETS

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