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Murchase-Related Transactions Dournalize entries for the following related transactions of Lilly Heating 8 . Ar Company: (If an amount box does not require an entry;
Murchase-Related Transactions Dournalize entries for the following related transactions of Lilly Heating 8 . Ar Company: (If an amount box does not require an entry; leave it bla7k.) a. Purchased $36,000 of merchandise from Schell Co. on account, terms 1/10,F/30. Fendesck FGrok My Wor. b. Paid the amount owed on the inveice within the dicount persod. Discovered that merchandise with an invoice amount of $9,000 purchased in (a) was defective and returned items, receiving credit. Fencioaca Check Mrking d. Purchased $5,000 of merchandise from 5chellCo, on account, terms n/30. e. Recelved a refund from Schell Co. for return in (c) less the purchase in (d)
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