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this is actually for accounting sorry. thank you! Problems: 1. Journalize the following transactions: April/1s! - Purchased Merchandise on account, $5,000; terms 2/10, n/30 200
this is actually for accounting sorry. thank you!
Problems: 1. Journalize the following transactions: April/1s! - Purchased Merchandise on account, $5,000; terms 2/10, n/30 200 - Sold Merchandise on account, $3,500. Terms 2/10,n/30. The cost of merchandise sod was $2,800 4- Returned some merchandise bought on April/1", $700 5"- Received payment for merchandise sold on April/2d| 10 - Paid suppliers for merchandise bought on April/1"| 14 - Bought office equipment for cash $700 15th - Purchased merchandise on account, $3,000 15th - Sold Merchandise on account, $2,500. Terms 2/10,n/30. The cost of merchandise sod was $1,800 16h. Received a refund for defective merchandise from purchases on April/15| 25th - Collected payment from sales made on April 15th 30. Accumulated depreciation of office equipments totaled $1,000 Step by Step Solution
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