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Show Attempt History Current Attempt in Progress Some of the transactions of Bramble Company during August are listed below. Bramble uses the periodic inventory method.

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Some of the transactions of Bramble Company during August are listed below. Bramble uses the periodic inventory method.
August 10 Purchased merchandise on account, $11,100, terms 210,n30.
13 Returned part of the purchase of August 10,$1,200, and received credit on accc
15 Purchased merchandise on account, $15,700, terms 110,n60.
25 Purchased merchandise on account, $19,300, terms 210,n30.
28 Paid invoice of August 15 in full.
(a1)
Your answer is correct.
Assuming that purchases are recorded at gross amounts and that discounts are recorded when taken:
Prepare general journal entries to record the transactions. (If no entry is required, select "No
Assuming that purchases are recorded at net amounts and that discounts lost are treated as financial expenses:
Prepare the adjusting entry necessary on August 31 if financial statements are to be prepared at that time. (If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. List debit entry before credit entry.)
Date Account Titles and Explanation
Debit
Aug. 31
eTextbook and Media
List of Accounts
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