Question: On March 2, Blue Spruce Company sold $997,000 of merchandise on account to Oriole Company, terms
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Question: On March 2, Blue Spruce Company sold $997,000 of merchandise on account to Oriole Company, terms 310,n30. The cost of the merchandise sold was $553,000. (Credit account titles are automatically indented when 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.)Account
On March Blue Spruce Company sold $ of merchandise on account to Oriole Company, terms The cost of the merchandise sold was $Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select No Entry" for the account titles and enter for the amounts.Account Titles and ExplanationDebitCreditInventoryYour answer is correct.On March Oriole Company returned $ of the merchandise purchased on March The cost of the returned merchandise was $Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select No Entry" for the account titles and enter for the amounts.Account Titles and ExplanationDebitCreditAccounts PayableOn March Blue Spruce Company received the balance due from Oriole Company. Credit account titles are automatically indented when amount is ntered Do not indent manually. If no entry is required, select No Entry" for the account titles and enter for the amounts.Account Titles and ExplanationDebitCrediteTextbook and MediaAssistance Used.
Related Book For
Financial and Managerial Accounting
ISBN: 978-0538480895
11th Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
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