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Please include the discount Below is your group problem. We will have group time during Zoom tomorrow at 12:15 pm 2. On October 1, Ben's
Please include the discount
Below is your group problem. We will have group time during Zoom tomorrow at 12:15 pm 2. On October 1, Ben's Bicycle Store had an inventory of 20 ten speed bicydes at a cost of $200 each. During the month of October, the following transactions occurred Oct. 4 Purchased 40 bicycles at a cost of $200 each from Marrue Bicycle Company, terms 1/10, 1/30. 6 Sold 25 bicycles to Team Wisconsin for $330 each terms 2/10,n/30 7 Received credit from Monrue Bicycle Company for the return of 2 defective bicycles. 13 Issued a credit memo to Team Wisconsin for the return of a defective bicycle 14 Paid Monroe Bicycle Company in full, less discount Instructions Prepare the journal entries to record the transactions assuming the company uses a perpetual inventory systemStep by Step Solution
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