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View Policies Current Attempt in Progress Information related to Blue Co . is presented below. On April 5 , purchased merchandise on account from Teal
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Current Attempt in Progress
Information related to Blue Co is presented below.
On April purchased merchandise on account from Teal Mountain Company for $ terms net FOB shipping point.
On April paid freight costs of $ on merchandise purchased from Teal Mountain.
On April purchased equipment on account for $
On April returned $ of merchandise to Teal Mountain Company.
On April paid the amount due to Teal Mountain Company in full.
a
Prepare the journal entries to record these transactions on the books of Blue Co under a perpetual inventory system. List all debit entries before credit entries. Credit account tilles are automatically indented when amount is entered. Do not indent marually. If no entry is required, select No Entry" for the account titles and enter O for the amounts.
Date
Account Titles and Explanation
Debit
Credit
eTextbook and Media
Assistance Used
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