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Joumalize the following transactions that occurred in January 2018 for Sylvia's Amusements, assuming the perpetual inventory system is being used. No explanations are needed. ldentify

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Joumalize the following transactions that occurred in January 2018 for Sylvia's Amusements, assuming the perpetual inventory system is being used. No explanations are needed. ldentify each accounts payable and accounts receivable with the vendor or customer name. Sylvia estimates sales returns at the end of each month. Record debits first, then credits. Exclude explanations from journal entries. Assume the company records sales at the net amount.) (Click the icon to view the transactions.) Jan. 4 Purchased merchandise inventory on account from Vanderblit Company, $7,000. Terms 1/10, VEOM, FOB shipping point Debit Credit Date Accounts Jan. 4 Choose from any list or enter any number in the input fields and then click Check Answer 18 Prensaining Clear All Check Answer OK

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