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Jackson Company uses the gross method to account for purchase discounts and the periodic inventory system. November 7 Purchased goods from Thompson Company on account,

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Jackson Company uses the gross method to account for purchase discounts and the periodic inventory system. November 7 Purchased goods from Thompson Company on account, exist17,000, terms 1/10, n/30. November 13 Returned merchandise to Thompson Company that was previously purchased on account, exist2, 400. November 15 Paid the amount due to Thompson Company. Journalize Jackson Company's transactions on November 7, November 13, and November 15

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