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Initial Knowledge Check Question 2 King Company uses the gross method to account for purchase discounts and the periodic inventory system. October 3 Purchased goods from Bailey Company on account, $23,000, terms 4/10, n/30. October 9 Returned merchandise to Bailey Company that was previously purchased on account, $1,800. October 13 Paid the amount due to Bailey Company. Required: Journalize King Company's transactions on October 3, October 9, and October 13. Date Account Title Debit Credit I DOn't Know Submit 2020 McGrew-Hill Education. A e W X P