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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 180 pairs of hiking boots on account, terms 1/10, 1/30. The cost of these boots to Siogo Shoes was $140 per pair, and the sales price was $200 per pair Feb 12 United Express changed $96 for delivering this merchandise to Sole Mates. These charges were split evenly between the buyer and seller and were paid immediately in cash. Feb. 13 Sole Mates returned 20 pairs of boots to Siogo Shoes because they were the wrong size. Siogo Shoes allowed Sole Mates full credit for this return. Feb. 19 Sole Rates paid the remaining balance due to Siogo Shoes within the discount period. Both companies use a perpetual inventory system. Required: a. Record this series of transactions in the general Journal of Slogo Shoes (The company records sales at gross sales 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 Slogo Shoes, (The company records soles at gross sales price.) (if no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction ist Journal entry worksheet

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