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Journal entry worksheet 7 6 Purchased $4,600 of merchandise from Lyon Company with credit terms of 2/15, n/60, invoice dated April 2, and FOB shipping

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Journal entry worksheet 7 6 Purchased $4,600 of merchandise from Lyon Company with credit terms of 2/15, n/60, invoice dated April 2, and FOB shipping point. Note: Enter debits before credits. Debit Credit General Journal Date Apr 02 Clear entry View general journal Record entry Journal entry worksheet 7 5 4. 2 Paid $300 cash for shipping charges on the April 2 purchase. Note: Enter debits before credits. Credit Debit General Journal Date Apr 03 View general journal Clear entry Record entry Journal entry worksheet Returned to Lyon Company unacceptable merchandise that had an invoice price of $600. Note: Enter debits before credits Bebit General Journal Date Apr 04 View general journmal Clear entry Record entry View transaction list Journal entry worksheet 6 7 2 3 Sent a check to Lyon Company for the April 2 purchase, net of the discount and the returned merchandise. Note: Enter debits before credits. General Journal Debit Credit Date Apr 17 Clear entry View general journall Record entry View transaction list Journal entry worksheet Purchased $8,500 of merchandise from Frist Corp. with credit terms of 1/10, n/30, invoice dated April 18, and FOB destination. Note: Enter debits before credits. Credit Debit Date General Journal Apr 18 Clear entry View general journal Record entry View transaction list Journal entry worksheet After negotiations, received from Frist a $500 allowance toward the $8,500 owed on the April 18 purchase. Note: Enter debits before credits. Debit Credit General Journal Date Apr 21 Clear entry Vinw general journal Record entry View transaction list Journal entry worksheet 7 6 2 Sent check to Frist paying for the April 18 purchase, net of the allowance and the discount. Note: Enter debits before credits Credit Debit General Journal Date Apr 28 View general journal Clear entry Record entry

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