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Journalize the following transactions for the buyer, Gonzales Company, using the gross method to account for purchase discounts. Assume a perpetual inventory System April

Journalize the following transactions for the buyer, Gonzales Company, using the gross method to account for purchase discounts. Assume a perpetual inventory System April 10 Purchased merchandise from Davis Company on account, $13,000, terms 1/10, n/30. The goods are shipped EOB shipping point; freight prepaid by seller, $160. April 16 Returned to Davis Company merchandise previously purchased on account, $3,100. April 21 Paid the amount due to Davis Company. Date Account Title Debit Credit Explanation Check

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