Record the following transactions on the books of Keyser Co. (a) On July 1,Keyser Co. sold merchandise

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Record the following transactions on the books of Keyser Co.
(a) On July 1,Keyser Co. sold merchandise on account to Maxfield Inc. for $15,200, terms 2/10, n/30.
(b) On July 8, Maxfield Inc. returned merchandise worth $3,800 to Keyser Co.
(c) On July 11, Maxfield Inc. paid for the merchandise.


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Accounting Principles

ISBN: 978-0470533475

9th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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