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NY OURCES ent Question 7 Your answer is partially correct. Try again. Carla Vista Co. records purchases at net armounts and uses periodic inventories. Prepare
NY OURCES ent Question 7 Your answer is partially correct. Try again. Carla Vista Co. records purchases at net armounts and uses periodic inventories. Prepare entries for the following: (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) June 11 Purchased merchandise on account, s17,000, terms 3/10, 1/30. 15 Returned part of June 11 purchase, s700, and received credit on account. 30 Prepared the adjusting entry required for financial statements. Study Date Account Titles and Explanation Debit Credit June 11 Purchases 16,660 andom i Accounts Payable 16,660 June 15 Accounts Payable 686 urlie Knight Purchase Returns and 686 June 30 Purchase Discounts Lost 326 mmerSesh Accounts Payable 326 Click if you would like to Show Work for this question: Open Show Work BUS447 By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor. Question Attempts: 1 of 2 used SAVE FOR LATER SUBMIT ANSWER Work a % You have surpassed the number of attempts to earn Maximum Points for this question. For this attempt, and any subsequent attempt(s), you will earn points according to the Point
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