Journalize, record, and post when appropriate the following transactions in the general journal (all sales carry terms

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Journalize, record, and post when appropriate the following transactions in the general journal (all sales carry terms of 5/10, n/30):

201X

Nov. 16 Sold merchandise on account to Pearl Co., invoice no. 1, $920.

18 Sold merchandise on account to Glenda Co., invoice no. 2, $1,600.

20 Issued credit memorandum no. 1 to Glenda Co. for defective merchandise, $690.

Use the following account numbers: Accounts Receivable, 112; Sales, 411; Sales Returns and Allowances, 412.

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College Accounting A Practical Approach

ISBN: 978-0133133233

12th edition

Authors: Jeffrey Slater

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Question Posted: Apr 24, 2014 09:53 AM

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Journalize, record, and post when appropriate the following transactions in the general journal (all sales carry terms

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College Accounting A Practical Approach

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