Question: 2 A v Eve Ev Av 03 (25 marks) Dec. 1 Sold merchandise on credit for $7,000, cost $3,000 terms 1/10, 1/30. 3 Purchased merchandise

2 A v Eve Ev Av 03 (25 marks) Dec. 1

Sold merchandise on credit for $7,000, cost $3,000 terms 1/10, 1/30. 3

2 A v Eve Ev Av 03 (25 marks) Dec. 1 Sold merchandise on credit for $7,000, cost $3,000 terms 1/10, 1/30. 3 Purchased merchandise for cash, $1,900. 4 Purchased merchandise on credit for $5,600, terms 2/10, n/30. Issued a credit memorandum for $600 to a customer who returned merchandise 5 purchased November 29, cost $400 Dec 1 Dec Dec 4 Dec 3 Dec 4 Dec 5 Maeve's Store had the following transactions during December, the last month of the accounting period Prepare general journal entries to record these transactions, using a perpetual inventory system. Page Break

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