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Set A Robert Chase recently opened Robert's Skate Shop. As the bookkeeper of -1 10A-the company, use the periodic method to journalize, record, and post
Set A Robert Chase recently opened Robert's Skate Shop. As the bookkeeper of -1 10A-the company, use the periodic method to journalize, record, and post when ropriate the following transactions (account numbers are Store Supplies Store Equipment 121; Accounts Payable 210; Purchases 510): 201X May Bought $600 of merchandise on account from Wales Co., invoice no. 442, dated May 5; terms 3/10, n/30. Bought $4,600 of store equipment on account from Kingston Co., invoice no. 502, dated May 6. Bought $1,700 of merchandise on account from Rolo Co., invoice no. 401, dated May 9; terms 3/10, n/30. Bought $1,000 of store supplies on account from Wales Co., invoice no. 419, dated May 14. 4 5 8 14
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