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journalize and post the remaining 2023 transactions Dec. 24 Wrote off MC Company's account as uncollectible. The sale to MC occurred on March 20, 2023.
journalize and post the remaining 2023 transactions
Dec. 24 Wrote off MC Company's account as uncollectible. The sale to MC occurred on March 20, 2023. The amount of the sale was \$1,100 and the terms were n/30. Dec 26 Paid AV Company for inventory purchased on December 5 , the inventory had a list price of $6,000 and the terms were 2/15,n/30 Dec 26 Sold merchandise to BHA Company for $6,000 on account. The merchandise cost $5,500. Terms 1/10,n/30. Dec 29 Paid $1,200 for office supplies. Dec 29 Received payment from CP Company for sale of merchandise on December 6 . The sales price was $8,000 and the terms were 1/10, n/30. Dec 30 Sold merchandise to MU Company for $5,000 on account. The terms are 3/15,n/45. The merchandise cost $3,600. Dec 31 Purchased $5,500 of merchandise inventory from LT Company on account. The terms are 2/10,n/45. Dec 31 Received payment from BHA Company for sale of merchandise on December 26 Step by Step Solution
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