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of March 19. Co. for sale of March 4 si. Received check for amount due from Empire Co. for sale of Marct 31. Paid Fleetwood

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of March 19. Co. for sale of March 4 si. Received check for amount due from Empire Co. for sale of Marct 31. Paid Fleetwood Delivery Service $5,600 for merchandise del Mardduring Man Mar. 28 Rec Received check for amount due from Vista Co. for sale of March to customers under shipping terms of FOB destination. Express sales during March Paid $6,544 to state sales tax division for taxes owed on sales. and American pr 3. Paid City Bank $940 for service fees for handling MasterCard and 5. Paid $6,54 Supply Co. Instructions Journalize t the entries to record the transactions of Amsterdam Supply PR 5-3A Sales-related and inventory system The following were selected from among the transactions completed by Babcock during November of the current year Nov. 3. Purchased merchandise on account from Moonlight Co., list price $85 discount 25%, terms FOB destination, 2/ 10, n/30. 4. Sold merchandise for cash, $37,680. The cost of the merchandise sold 5. Purchased merchandise on account from Papoose Creek Co., $47,500, $85,000, trade sold was $226 FOB andise $47,500, terms 6. Returned $13,500 ($18,000 list price less trade discount of 25%) of 8. Sold merchandise on account to Quinn Co., $15,600 with terms n/1 13. Paid Moonlight Co. on account for purchase of November 3, less re shipping point, 2/10, n/30, with prepaid freight of $810 added to the ins purchased on November 3 from Moonlight Co. the merchandise sold was $9,400 November 6. n/15. The cost of return of 14. Sold merchandise on VISA, $236,000. The cost of the merchandised was $140,000 15. Paid Papoose Creek Co. on account for purchase of November 5 23. Received cash on account from sale of November 8 to Quinn Co 24. Sold merchandise on account to Rabel Co., $56,900, terms 1/10, n/30. The cot of the merchandise sold was $34,000. 28. Paid VISA service fee of $3,540. 30. Paid Quinn Co. a cash refund of $6,000 for returned merchandise from sale of November 8. The cost of the returned merchandise was $3,300. structions urnalize the transactions. 5-4A Sales-related and purchase-related transactions for seller and buyer B. ng perpetual inventory system following selected transactions u

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