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Warwick's Co., a women's clothing store, purchased $21,000 of merchandise from a supplier on account, terms FOB destination , 1/10, n/30. Warwick's returned $3,600 of
Warwick's Co., a women's clothing store, purchased $21,000 of merchandise from a supplier on account, termsFOB destination, 1/10, n/30. Warwick's returned $3,600 of the merchandise, receiving acredit memo, and then paid the amount due within the discount period.
a.Journalize Warwick's Co.'s entry to record the purchase.
b.Journalize Warwick's Co.'s entry to record the merchandise return.
c.Journalize Warwick's Co.'s entry to record the payment.
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