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Question 5 of 20 < > Sunland Company has the following selected transactions during March. -/7.5 Mar. Purchased equipment costing $7.330 from Bole Company
Question 5 of 20 < > Sunland Company has the following selected transactions during March. -/7.5 Mar. Purchased equipment costing $7.330 from Bole Company on account. 2 5 Received credit of $540 from Carwell Company for merchandise damaged in shipment to Sunland. 7 Issued credit of $440 to Dempsey Company for merchandise the customer returned. The returned merchandise had a cost of $290. Sunland Company uses a one-column purchases journal, a sales journal, the columnar cash journal used in the text, and a general journal. (a) Journalize the transactions in the general journal. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record entries in the order presented in the problem statement. List all debit entries before credit entries.) Date Account Titles and Explanation (To record merchandise returned.) (To record the cost of merchandise returned.) Debit Credit
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