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Jan. 4 Sold $11,000 of antiques on account, credit terms are n/30. Cost of goods is $5,500. 8 Received a $400 sales return on damaged

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Jan. 4 Sold $11,000 of antiques on account, credit terms are n/30. Cost of goods is $5,500. 8 Received a $400 sales return on damaged goods from the customer. Cost of goods damaged is $200. 13 Antiques by Alice received payment from the customer on the amount due from Jan. 4. less the return 20 Sold $4,500 of antiques on account, credit terms are 1/10, n/45, FOB destination. Cost of goods is $2,250 20 Antiques by Alice paid $50 on freight out. 29 Received payment from the customer on the amount due from Jan. 20, less the discount. Antiques by Alice uses a perpetual inventory system. Journalize the following sales transactions for Antiques by Alice. Explanations are not required. The company estimates sales to the end of each month Records first, then credits Exclude explanations from journal entries. Assume the company records sales at the net amount Round all numbers to the nearest whole dolar) (Cick the icon to view the transactions) 10.600 Jan 13 Cash Accounts Receivable 10.600 Jan 20 Sold 54,500 of antiques on account credit forms are 1/10, 145, FOB destination Cost of goods is $2,250 Begin by preparing the entry to journalire the sale portion of the transaction. Do not record the expense related to the sale. We will do that in the following up Date Accounts Debat Credit Jan 20 Accounts Receivable Sales Revenue Choose from any list or enter any number in the input fields and then click Check

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