Question: Current Attempt in Progress Selected transactions follow for Crown Point Sports Ltd. during the company's first month of business. The company expects a return

Current Attempt in Progress Selected transactions follow for Crown Point Sports Ltd.during the company's first month of business. The company expects a returnrate of 8% and uses a perpetual inventory system. Feb. 2 Sold$1,132 of merchandise to Andrew Noren on account, terms n/30. The goodshad cost Crown Point $758. 4 Andrew Noren returned for credit $139of the merchandise purchased on February 2. The goods had cost CrownPoint $85 and they were returned to inventory. Sold $762 of merchandiseto Dong Corporation on account, terms n/30. The goods had cost CrownPoint $488. Sold $839 of merchandise to Michael Collins for cash. The

Current Attempt in Progress Selected transactions follow for Crown Point Sports Ltd. during the company's first month of business. The company expects a return rate of 8% and uses a perpetual inventory system. Feb. 2 Sold $1,132 of merchandise to Andrew Noren on account, terms n/30. The goods had cost Crown Point $758. 4 Andrew Noren returned for credit $139 of the merchandise purchased on February 2. The goods had cost Crown Point $85 and they were returned to inventory. Sold $762 of merchandise to Dong Corporation on account, terms n/30. The goods had cost Crown Point $488. Sold $839 of merchandise to Michael Collins for cash. The goods had cost Crown Point $627. 5 8 10 Sold $919 of merchandise to Rafik Kurji account, terms n/30. The goods had cost Crown Point $675. 22 22 24 22 Dong Corporation paid its account in full. Andrew Noren purchased an additional $696 of merchandise on account, terms n/30. The goods had cost Crown Point $411. Sold $1.225.of.marchandicato Ratatona Corporation tarmen. The anode had cost Crown Point 1.11d

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