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Tony Stark uses a perpetual inventory system. Tony uses the net method to record sales discounts. On October 1 , Tony Stark sells merchandise to
Tony Stark uses a perpetual inventory system. Tony uses the net method to record sales discounts.
On October Tony Stark sells merchandise to Black Widow, with credit terms The selling price of the merchandise was $ The cost of the merchandise sold was $
On October Black Widow returned $ of the merchandise to Tony Stark. The cost of the returned merchandise is $
On October Black Widow paid Tony Stark the balance due.
Prepare Tony Stark's October journal entry.
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