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Journalize the following merchandise transactions: a. Sold merchandise on account, $26,900 with terms 2/10, n/30. The cost of the goods sold was $16,140. b. Received
Journalize the following merchandise transactions:
a. Sold merchandise on account, $26,900 with terms 2/10, n/30. The cost of the goods sold was $16,140.
b. Received payment less the discount.
c. Refunded $520 to customer for defective merchandise that was not returned.
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