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The following is a series of related transactions between Siogo Shoes, a shoe wholesaler, and Sole Mates, a chain of retail shoe stores. Feb. 9

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The following is a series of related transactions between Siogo Shoes, a shoe wholesaler, and Sole Mates, a chain of retail shoe stores. Feb. 9 Siogo Shoes sold Sole Mates 115 pairs of hiking boots on account, terma 1/10, 6/30. The cost of these boots to Siogo Shoes was $70 per pair, and the sales price was $200 per pair. Feb. 12 United #xpress charged $74 for delivering this merchandise to sole Mates. These charges were split ovenly between the buyer and seller and were paid immediately in cash. Feb. 13 sole Mates returned 15 pair of boots to slogo thoes because they were the wrong size slogo shoes allowed sole Mates full credit for this return. Feb. 19 Sole Mates paid the remaining balance due to Siogo Shoes within the discount period. Both companies use o perpetual inventory system Required: a. Record this series of transactions in the general Journal of Siogo Shoes, (The company records sales at gross soles price.) b. Record this series of transactions in the general journal of Sole Mates. The company records purchases of merchandise at net cost and uses a Transportation in account to record transportation charges on Inbound shipments.) Complete this question by entering your answers in the table below. Required A Required B Record this series of transactions in the general Journal of Siogo Shoes, (The company records sales at gross sales price.) (If no entry is required for a transaction/event, select "No journal entry required in the first account field.)

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