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Juvo Amor Store had the following transactions during December, the last month of the accounting period: Dec. 1 Sold merchandise on credit for $6,000, cost
Juvo Amor Store had the following transactions during December, the last month of the accounting period: Dec. 1 Sold merchandise on credit for $6,000, cost $4,000 terms 1/10, n/30. 3 Purchased merchandise for cash, $900. 4 Purchased merchandise on credit for $4,600, terms 2/10, n/30. 5 Issued a credit memorandum for $500 to a customer who returned merchandise purchased November 29, cost $300. 11 Received payment for merchandise sold December 1. 15 Received a credit memorandum for $500 for the retu
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