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Journalize the following merchandise transactions. The company uses the perpetual inventory system. Question Content Area a . Sold merchandise on account, $ 1 5 ,
Journalize the following merchandise transactions. The company uses the perpetual inventory system.
Question Content Area
a Sold merchandise on account, $ with terms net The cost of the goods sold was $ If an amount box does not require an entry, leave it blank.
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Question Content Area
b Received payment within the discount period. If an amount box does not require an entry, leave it blank.
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