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SF5-8 (similar to) Next Question HW Score: 19.16 %, 3- Question Hel On November 4, Crop Company sold merchandise inventory on account to Tame
SF5-8 (similar to) Next Question HW Score: 19.16 %, 3- Question Hel On November 4, Crop Company sold merchandise inventory on account to Tame Wholesalers, $14.500, that cost $5,200 Terms 4/10, n/30. On November 5, Tame Wholesalers paid shipping of $35 Tamm Wholesalers paid the balance to Crop Company on November 13. (Assume both companies use a perpetual inventory system and that sales are recorded at the net amount) Read the requirements Requirement 1. Journalize Tame Wholesaler's November transactions. (Record debits fest, then credits Select the explanation on the last line of the journal entry table) Nov. 4: Purchased merchandise inventory on account from Crop Company for $14,500, terms 4/10, n/30 Date Nov. 4 Accounts Debit Credit
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