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please prepare the post closing trail balance after you complete the hournal entries Question 1 of 3 -728.5 HII The following transactions are for Wildhorse
please prepare the post closing trail balance after you complete the hournal entries
Question 1 of 3 -728.5 HII The following transactions are for Wildhorse Company 1. 2. On December 3, Wildhorse Company sold $593.600 of merchandise to Novak Co on account, terms 1/10, 1/30. FOB destination. Wildhorse paid $430 for freight charges. The cost of the merchandise sold was $383.200 On December 8, Novak Co. was granted an allowance of $29,600 for merchandise purchased on December 3. On December 13. Wildhore Company received the balance due from Novak Co 3. ) Prepare the journal entries to record these transactions on the books of Wildhore Company wing a perpetual inventory system. (Listall debit entries before credit entries Credit Accounties are automatically Indented when amount is entered Do not indent manually. I no entry is required, select "No Entry for the account titles and enter for the amounts) Date Account Titles and Explanation Debit Credit (To record credit sale) I (To record cost of merchandise sold) Question 1 of ./28.5 (Te record credit) (to record cost of merchandise sold) (To record freight charges 1 33F Sunny A to 112 AM 3/2012 o BE ** e to search Step by Step Solution
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