Question
The following transactions were completed during the month. Use the gross method to account for the discount. Date Transaction Oct 2 Purchased goods from
The following transactions were completed during the month. Use the gross method to account for the discount. Date Transaction Oct 2 Purchased goods from Tyker $4,000 with terms 2/30, n/60. Oct 8 Sold goods to Beary for $2,800 with terms 3/20, n/60, having cost of goods sold of $2,200 Oct 24 Paid Tyker in full. Nov 21 Received cash from Beary in full. When the answers are in numbers, DO NOT put commas or $, only numbers. Example of how you put the answers. If blank, put"-" (a) Journal Entry Journal Entry 2000 5000
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