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(To record sales) (To record cost of goods sold) (To record sales return) (To record cost of goods sold) (To record cost of inventory returned)

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(To record sales) (To record cost of goods sold) (To record sales return) (To record cost of goods sold) (To record cost of inventory returned) (To record sales) Is Grouper Ltd. a retailer or a wholesaler? Grouper Ltd. is a Record the July transactions. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Round your answers to 0 decimal places, e.g. 5,275. Record journal entries in the order presented in the problem.) individual cost of $60, terms n/30. 11 Paid Carla Vista the balance owing. 13 Sold 25 suitcases on account to The Going Concern Limited for $100 each, with an individual cost of $60, terms n/30. 16 Purchased 80 suitcases on account for $4,960 from Holiday Manufacturers, terms n/30. 17 Issued a $500 credit for five suitcases returned by The Going Concern because they were damaged. These suitcases were not restored to inventory. 20 Received payment in full from Satchel World for all transactions. 27 Received payment in full from The Going Concern. (To record cost of goods sold) (To record sales) (To record cost of goods sold) (To record cost of goods sold) (To record sales return) (To record cost of inventory returned) (To record sales return) (To record cost of goods sold) July 2 Purchased 75 suitcases on account for $60 each from Carla Vista Ltd, terms 2/10,n/30. 3 Received a $240 credit from Carla Vista after returning four suitcases because they were damaged. 6 Sold 60 suitcases on account to Satchel World inc. for $90 each, with an individual cost of $50, terms n/45. 7 Issued a $270 credit for three suitcases returned by Satchel World beeause they were the wrong model. The suitcases were returned to inventory. 9 Sold three suitcases - the right model number this time-on account to Satchel World Inc, for $100 each, with an individual cost of $60, terms n/30. 11 Paid Carla Vista the balance owing. 13 Sold 25 suitcases on account to The Going Concern Limited for $100 each, with an individual cost of $60, terms n/30. 16 Purchased 80 suitcases on account for $4,960 from Holiday Manufacturers, terms n/30. 17 Issued a $500 credit for five suitcases returned by The Going Concern because they were damaged. These suitcases were not restored to inventory

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