Gordon Company records invoices at gross in its voucher system. From the following transaction, (a) Record in
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(a) Record in general journal form the appropriate entries at gross
(b) Record the entries as if Gordon Company recorded invoices at net.
201X
Oct. 13 Bought merchandise on account from Joyce Corporation; terms 2/10, n/30, $8,000. Voucher no. 303 was prepared.
25 Issued check no. 570 in payment of voucher no. 303.
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