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Purchase-Reioted Transactions 3ourmalize entries for the following related transactions of Greenville Heating B Air Compay: If an amount bex does not requ re an entry,
Purchase-Reioted Transactions 3ourmalize entries for the following related transactions of Greenville Heating B Air Compay: If an amount bex does not requ re an entry, leave it blank: a. Purchased $57,000 of merchandise from Foster Co. on account, terms 2/10,n/30. b. Paid the amount owed on the invoice within the discount period. c. Discovered that $11,000 of the merchandise purchased in (a) was defective and retumed 1 tems, receiving credit for $10,720[$11,000($11,000254)]. d. Pucthased 15,300 of mierchandise from Foster C0 on account, terms n/30. e. Recelved a refund from Foster Co. for return in (c) less the purchase in (d): Purchase-Reioted Transactions Journalize entries for the following related transactions of Greenville heating B Air Compary: If an amount thex does not requ re an entry, leave it blank a. Purchased $57,000 of merchandise feam Foster Co. on account, terme 2/10,n/30. b. Pald the amount owed on the invoice within the discount period. c. Discovered that $11,000 of the merchandise purchased in (a) was defective and retumed iteme, receiving credit for $10,700[$11,000 - ($13,000204)]. d. Purchased $5,300 of mierchandise from Foster Co0 on account, terms n/30. e. Recelved a refund from Foster Co. for return in (c) less the purchase in (d)
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