On April 1, Moloney Meat Distributors sold merchandise on account to Fronkes Franks for $3,000 on Invoice

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On April 1, Moloney Meat Distributors sold merchandise on account to Fronke’s Franks for $3,000 on Invoice 1001, terms 1/10, n/30. Payment was received in full from Fronke’s Franks, less discount, on April 10.

Required:
Record the transactions on April 1 and April 10. Use 14 as the journal page number.

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Related Book For  book-img-for-question

College Accounting A Contemporary Approach

ISBN: 978-0077639730

3rd edition

Authors: David Haddock, John Price, Michael Farina

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