Question
On March 2, Cullumber Company sold $ 906,000 of merchandise on account to Bramble Company, terms 2/10, n/30. The cost of the merchandise sold was
On March 2, Cullumber Company sold $ 906,000 of merchandise on account to Bramble Company, terms 2/10, n/30. The cost of the merchandise sold was $ 554,000. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
Account Titles and Explanation | Debit | Credit |
(To record credit sale) | ||
(To record cost of merchandise sold) |
List of Accounts
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Your answer is incorrect.
On March 6, Bramble Company returned $ 90,600 of the merchandise purchased on March 2. The cost of the returned merchandise was $ 58,300. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
Account Titles and Explanation | Debit | Credit |
(To record merchandise returned) | ||
(To record cost of merchandise returned) |
List of Accounts
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Your answer is incorrect.
On March 12, Cullumber Company received the balance due from Bramble Company. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
Account Titles and Explanation | Debit | Credit |
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