On July 7, 2017, Aster Co. issued debit memorandum No. 3 for $250 to Reel Co. for

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On July 7, 2017, Aster Co. issued debit memorandum No. 3 for $250 to Reel Co. for merchandise returned from invoice No. 632, which originally included GST at 5%. Your task is to journalize, record, and post this transaction as appropriate. Use the same account numbers as found in the text for Art's Clothing Company. The general journal page is page 1?
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College Accounting A Practical Approach

ISBN: 978-0133133233

12th Canadian edition

Authors: Jeffrey Slater, Brian Zwicker

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