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Journalize the following sales transactions for Seabreeze Camera Store using the periodic inventory system. Explanations are not required. (Record debits first, then credits. Exclude explanations
Journalize the following sales transactions for Seabreeze Camera Store using the periodic inventory system. Explanations are not required. (Record debits first, then credits. Exclude explanations from journal entries. Assume the company records sales at the net amount.) E: (Click the icon to view the transactions.) Dec. 3: Seabreeze sold $41,500 of camera equipment on account, credit terms are 2/15, n/EOM. Date Accounts Debit Credit Dec. 3 Accounts Receivable 40,670 Sales Revenue Data Table 40,670 Dec. 3 Seabreeze sold $41,500 of camera equipment on account, credit terms are 2/15, n/EOM. 17 Seabreeze receives payment from the customer on the amount due less the discount. Dec. 17: Seabreeze receives payment from the customer on the amount due less the discount. Date Accounts Debit Credit Dec. 17 Print Done
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