Journalize the following transactions for the Pool Palace. Explanations are not required. a. Sold $81,000 of merchandise

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Journalize the following transactions for the Pool Palace. Explanations are not required.

a. Sold $81,000 of merchandise to Regal Spas, Inc., on account, terms 4/15, n/60; the merchandise cost the Pool Palace $44,500.

b. Received payment for the goods from Regal Spas, Inc., within the discount period?

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Financial Accounting

ISBN: 978-0134436111

4th edition

Authors: Robert Kemp, Jeffrey Waybright

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Question Posted: Nov 17, 2017 08:56 AM

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Journalize the following transactions for the Pool Palace. Explanations are not required. a. Sold $81,000 of merchandise

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Financial Accounting

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