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Your answer is partially correct. On March 12, Riverbed Company received the balance due from Skysong, Inc. (Credit account titles are automatically indented when amount

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Your answer is partially correct. On March 12, Riverbed Company received the balance due from Skysong, Inc. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the accou titles and enter 0 for the amounts.) Account Titles and Explanation Debit Credit Accounts Payable 838800 Cash 813636 25164 e Textbook and Media List of Accounts Assistance Used List of Accounts Accounts Payable Accounts Receivable Accumulated Depreciation Buildings Accumulated Depreciation-Equipment Advertising Expense Allowance for Sales Returns and Allowances Buildings Cash Casualty Loss from Vandalism Common Stock Cost of Goods Sold Depreciation Expense Dividends Dividends Dividend Revenue Estimated Inventory Returns Equipment Freight-In Freight-Out Gain on Disposal of Plant Assets Income Summary Insurance Expense Interest Expense Interest Payable Interest Revenue Inventory Land Loss on Disposal of Plant Assets Maintenance and Repairs Expense Mortgage Payable No Entry Notes Payable Operating Expenses Prepaid Insurance Property Tax Expense Property Taxes Payable Purchase Discounts Purchase Returns and Allowances Purchases Rent Expense Retained Earnings Question 7 of 13 Purchases Rent Expense Retained Earnings Salaries and Wages Expense Salaries and Wages Payable Sales Commissions Expense Sales Commissions Payable Sales Discounts Sales Returns and Allowances Sales Revenue Supplies Supplies Expense Unearned Service Revenue Utilities Expense Utilities Payable Your answer is correct. On March 6, Skysong, Inc. returned $93,200 of the merchandise purchased on March 2. The cost of the returned merchandise was $59,200. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts.) Account Titles and Explanation Debit Credit Accounts Payable 93200 Inventory 93200 e Textbook and Media List of Accounts Attempts: 2 of 3 used (a) Your answer is correct. On March 2, Riverbed Company sold $932,000 of merchandise on account to Skysong, Inc., terms 3/10,n/30. The cost of the merchandise sold was $592,000. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts.) Account Titles and Explanation Debit Credit Inventory 932000 Accounts Payable 932000 e Textbook and Media List of Accounts

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