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need answer to question 6,7,8 SES-6. Accounting for Sales Transactions Kate Company uses the perpetual inventory system. Recom L03 journal entries for the following transactions:

need answer to question 6,7,8 image text in transcribed
SES-6. Accounting for Sales Transactions Kate Company uses the perpetual inventory system. Recom L03 journal entries for the following transactions: a. On July 16, Kate sold $600 of merchandise with terms of 2/10 n/30. The cost of the mero was $360. b. On July 19, the customer returned $100 of the merchandise from (a). The cost of the merchandi was $60 c On July 22, the customer paid the entire balance due to Kate. LO4 SES-7. Gros Profit Percentage Using the data below, compute Dino's gross profit percentage for de month of January $10,000 ,000 3,000 Other income ,200 LO4 SE5-8. Return on Sales Ratio Using the data in SE5-9, compute Dino's return on sales ratio for the mont of January Cost of Goods Sold LO5 SE5-9

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