Journalize the following sales transactions for Shelton Camera Store using the periodic inventory system. Explanations are not
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Dec. 3 Shelton sold $ 36,600 of camera equipment on account, credit terms are 1/15, n/EOM.
5 Shelton received a $ 1,200 sales return on damaged goods from the customer.
17 Shelton receives payment from the customer on the amount due, less the return and discount.
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Related Book For
Horngrens Financial and Managerial Accounting
ISBN: 978-0133255584
4th Edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
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