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Presented below is information related to Lor Co. 1. on April 5, purchased merchandise from Garcia Company for $19,000, terms 2/10, net/30, FOB shipping point
Presented below is information related to Lor Co. 1. on April 5, purchased merchandise from Garcia Company for $19,000, terms 2/10, net/30, FOB shipping point 2. On April 6, paid freight costs of $800 on merchandise purchased from Garcia. 3. On April 7, purchased equipment on account from Hol fie d Mfg. Co. for $23,000 4. On April 8, returned merchandise, which cost $4,000, to Garcia Company. 5. On April 15, pa the amount due to Garcia Company in full
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