Question: help The provided documents describe two business transactions. (i) (Click the icon to view the invoice.) Click the icon to view the debit memo.) Eddie's

The provided documents describe two business transactions. (i) (Click the icon to view the invoice.) Click the icon to view the debit memo.) Eddie's Bicycle Shop paid the balance due on March 21. Both Eddie's Bicycle Shop and Schneider Company use a perpetual inventory system. Schneider Company's cost of the bicycles sold to Eddie's Bicycle Shop was $1,586. Schneider Company's cost of the returned merchandise was $266. Required Requirement 1. Record these transactions and Eddie's cash payment on March 21 in the books of Eddie's Bicycle Shop. (Record debits first, then credits. No explanations are required. Round amounts to the nearest whole dollar.) March 14: Eddie's Bicycle Shop purchases bicycles from Schneider Company. \begin{tabular}{ll|l} Invoice & - & sil \end{tabular} Debit Memo
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