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guajiro [1.7K]
3 years ago
14

The debits and credits for four related entries for a sale of $15,000, terms 1/10, n/30, are presented in the following T accoun

ts. Cash (5) 13,860 Accounts Receivable (1) 14,850 (3) 990 (5) 13,860 Merchandise Inventory (4) 575 (2) 8,800 Estimated Returns Inventory (4) 575 Customer Refunds Payable (3) 990 Sales (1) 14,850 Cost of Merchandise Sold (2) 8,800 Describe each transaction. 1. Sold merchandise on account. 2. Recorded the cost of the merchandise sold and reduced the merchandise inventory account. 3. 4. 5. Check My Work5 more Check My Work uses remaining.
Business
1 answer:
kupik [55]3 years ago
4 0

please finThe debits and credits for four related entries for a sale of $15,000, terms 1/10, n/30, are presented in the following T accounts. EXPLANATIONS for these accounts are given below in an attachment

                                           

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____________ refers to a consolidated network of business leadership whose concerns go beyond narrow decision-making within sing
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Which of the following is not considered a credit?
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which of the following is not considered a credit?

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3 years ago
An attractive business climate is defined by only one dimension: it minimizes the political risk to a company.
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3 years ago
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Answer:

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3 years ago
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Answer:

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