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Required: Prepare journal entries to record the transactions, assuming Evergreen Company discounts using the gross method in a perpetual inventory system. (If no entry is

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Required: Prepare journal entries to record the transactions, assuming Evergreen Company discounts using the gross method in a perpetual inventory system. (If no entry is for a transaction/event, select "No Journal Entry Required" in the first account View transaction list 1 Record the sale of merchandise for $1,000 cash to Wally Butler 2 Record the cost of goods sold to Wally Butler at $600. 3 Record the sale of merchandise for $5,000 to Claudio's Chair Company on terms 3/10, n/30. 4 Record the cost of goods sold to Claudio's Chair Company at $3,500. Credit 5 Record the sale of merchandise for $3,000 to Otto's Ottomans on terms 3/10, n/30. 6 Record the cost of goods sold to Otto's Ottomans at $1,900. Credit 7 Record the receipt of cash due from Claudio's Chair Company for the sale made on July 15. 8 Record the receipt of cash due from Otto's Ottomans for the sale made on July 16. Note : journal entry has been entered Record entry Clear entry View generalj

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