Journalize the following sales transactions for Ocean Pool Supply Store using the periodic inventory system. Explanations are
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Journalize the following sales transactions for Ocean Pool Supply Store using the periodic inventory system. Explanations are not required.
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Dec. 3 5 17 Ocean Pool Supply sold $44,800 of pool equipment on account, credit terms are 3/15, n/EOM, to Blue Lagoon Pools. Ocean Pool Supply received a $900 sales return on damaged goods from Blue Lagoon Pools. Ocean Pool Supply received payment from Blue Lagoon Pools on the amount due less the discount.
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Here are the journal entries in table format Date Account Debit Credit ...View the full answer
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Related Book For
Horngrens Financial And Managerial Accounting The Financial Chapters
ISBN: 9780137858651
8th Edition
Authors: Tracie Miller Nobles, Brenda Mattison
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