Macomb Wholesale Distributor made the following transactions in yr.3.<\/p>
Record all the transactions in general journal form.<\/p>
<\/p>
feb 8thBought inventory on account from Fountain Mfg. company for $8,200.00. terms 1\/15, net 45.<\/p>
<\/p>
feb 10thPaid $200 to Hare transport for shipping charges for inventory we are acquiring<\/p>
<\/p>
feb 13thSold merchandise on acct. to Alixx Co. for $10,500. All on acct. sales are with terms 2\/10, net 60.<\/p>
This merchandise cost us $6,300.<\/p>
<\/p>
feb 16thFountain Mfg. company issued us a 400.00 credit memo related to our purchase made on feb. 8th.<\/p>
<\/p>
feb 17thSold merchandise on acct. to Tyrone Sports Co. for $9,300. This merchandise cost us 7,300<\/p>
<\/p>
feb 19thFully paid what is owed to Fountain Mfg. <\/p>
<\/p>
feb 20thAlixx Co. returned half of what they purchased on the 13th.<\/p>
<\/p>
feb 21stAlixx Co. fully paid what they owe us.<\/p>
<\/p>
feb 28thTyrone Sports fully paid what they owe us.<\/p>", "transcribed_text": "", "related_book": { "title": "Data Analysis And Decision Making", "isbn": "538476125, 978-0538476126", "edition": "4th Edition", "authors": "Christian Albright, Wayne Winston, Christopher Zappe", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/415.jpg", "uri": "\/textbooks\/data-analysis-and-decision-making-4th-edition-415", "see_more_uri": "" }, "free_related_book": { "isbn": "9811030251", "uri": "\/textbooks\/electrification-of-particulates-in-industrial-and-natural-multiphase-flows-1st-edition-978-9811030253-294185", "name": "Electrification Of Particulates In Industrial And Natural Multiphase Flows", "edition": "1st Edition" }, "question_posted": "2024-06-28 08:13:33", "see_more_questions_link": "\/study-help\/questions\/business-marketing-2022-June-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/a-citys-reporting-entity-includes-the-following-component-units-1", "description": "A city's reporting entity includes the following component units: 1. 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