Homework Chapter 5 X WP NWP Assessment Player UI Appli X X education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=9e264d45-7407-4069-b734-301994ceb2c4#/question/1 D University HKG MOVIES Help to succeed in... Do the homework f. KPU Courses: Log i.. Fall 2022 - Reserve. Summer 2022 - Full. + KPU Classmate.xIsx. Rate My Professors.. Other bookmarks - Homework Chapter 5 Question 2 of 5 - 16 : (a) Record the above transactions in the books of Concord. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Round answers to the nearest whole dollar, e.g. 5,275) Date Account Titles and Explanation Debit Credit (To record credit sale) v [To record cost of merchandise sold) v (To record return of goods) v (To record cost of merchandise returned) v e Textbook and Media Q Search # G X ENG 6:15 PM US 2023-01-27HomeworkChapterS NWP Assessment Player ur App x + (- C O i educationwileycom . . '. . . . . ' i? * El 6 i b I University I HKG MOVIES I Help to succeed in... I Do me homework f... KPU Courses: log i... Fall 2022 , Reserve... Summer 2022 , Full... 1- KPU Classmatexlsx... 100% I Other bookmarks 6 Homework Chapter 5 Question 2 of5 - l 6 .2 View Policies Current Attempt in Progress The following merchandise transactions occurred in December. Both companies use a perpetual inventory system. Dec 3 Concord Ltd. sold goods to Riverbed Corp. for $73900. terms n/15. FOB shipping point. The inventory had cost Concord $39300. Concord's management expected a return rate of 3% based on prior experience. 7 Shipping costs of $1.020 were paid by the appropriate company. 8 Riverbed returned unwanted merchandise to Concord The returned merchandise has a sales price of $2,280, and a cost of $1.220. It was restored to inventory. 11 Concord received the balance due from Riverbed. (a) Record the above transactions in the boo ks of Concord. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. if no entry is required. select "No Entry\" for the account titles and enter 0 for the amounts. Round answers to the nearest whole dollar, 2.3. 5,275.)