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On December 1, 2025, Sheridan Company had the following account balances. During December, the company completed the following transactions. Dec. 7 Received $3,740 cash from

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On December 1, 2025, Sheridan Company had the following account balances. During December, the company completed the following transactions. Dec. 7 Received $3,740 cash from customers in payment of account (no discount allowed). 12 Purchased merchandise on account from Greene Co. $12,700, terms 1/10,n/30. 17 Sold merchandise on account $15,500, terms 2/10,n/30. The cost of the merchandise sold was $ 19 Paid salaries $1,880 22 Paid Greene Co. in full, less discount. 26 Received collections in full, less discounts, from customers billed on December 17. 31 Received $2,610 cash from customers in payment of account (no discount allowed). (a) Journalize the December transactions. (Assume a perpetual imentory shstemu) (Credit occount bicies are dutomatice when amount is entered. Do not indent manually Record joumal entrier in the order presented in the probiem, If no entry i) "No Entry" for the occount tities and enter Ofor the amounts. List oll debit entries before credit entries. Journalize the December transactions. (Assume a perpetual inventory system.) (Credit occount tities are automotically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select

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