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On November 4 , Cave Company sold merchandise inventory on account to Tame Wholesalers , $ 1 3 , 5 0 0 , that cost
On November Cave Company sold merchandise inventory on account to Tame Wholesalers $ that cost $ Terms comma n On November Tame Wholesalers paid shipping of $ Tame Wholesalers paid the balance to Cave Company on November Assume both companies use a perpetual inventory system and that sales are recorded at the net amount.
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Requirement Journalize Tame Wholesalers November transactions. Record debits first, then credits. Select the explanation on the last line of the journal entry table. Check your spelling carefully and do not abbreviate.
Nov. : Purchased merchandise inventory on account from Cave Company for $ terms n
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