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Suppose Emviro com sells 4,000 books an account for $13 each (cost of these books is $31,200) on October 10, 2018 to Express Leaming. One
Suppose Emviro com sells 4,000 books an account for $13 each (cost of these books is $31,200) on October 10, 2018 to Express Leaming. One hundred of these books (cost $780) were damaged in shipment, so Emvire com later received the damaged goods from Express Learning as sales retums on October 13, 2018. (Assume both companies use a perpetual inventory system and that sales are recorded at the net amount) Read the requitements Requirement 1. Joumalize Express Learning's October 2018 transactions. (Record debits first, then credits Exclude explanations from journmal entries) Oct 10 Express Learning purchased 4,000 books on account for $13 each from Enviro.com Date Accounts Debit Credit Oct 10
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