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PLEASE TYPE THIS The following transactions are for Sunland Company. 1. 2. On December 3, Sunland Company sold $580,000 of merchandise to Carla Vista Co.
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The following transactions are for Sunland Company. 1. 2. On December 3, Sunland Company sold $580,000 of merchandise to Carla Vista Co. on account. The cost of the merchandise sold was $382,800. On December 8, Carla Vista Co. returned $29,000 of merchandise purchased on December 3. The cost of the goods was $18,560. On December 13, Sunland Company received the balance due from Carla Vista Co. 3. Assets = Accts. Rec. Cash + Inventory $ $ Liabilities Stockholde Accts. Pay. II + Common Stock + Rev. $ $ $ $ Retained Earnings + Rev. Exp. $ $ Tevthool and MediaStep by Step Solution
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