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WebReceived collections in full, less discounts, from customers billed on May 2. Dr: Cash 4312 Dr: Sales Discounts 88 Cr: Accounts Receivable 4400 Students also viewed ACCT 201. … Web1. Journalize the April transactions using a perpetual inventory system. 2. Prepare an income statement through gross profit for the month of April 2024. Gross Profit Gross Profit is the amount... organiser and diary

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WebStudy with Quizlet and memorize flashcards containing terms like purchased merch on account from Wholesale Supply for $8,200, terms 1/10, n/30, sold merch on account for $5000 terms 2/10, n/30. the cost of the merch sold was $3,750., received credit from Hauke Wholesale Supply for merch returned $400 and more. WebPaid Arnie Co, in full. Received credit from Woods Sportswear for merchandise returned $50. Made sales on account to members $820, terms n/30. The cost of the merchandise sold was $550. Paid Woods Sportswear in full. Granted an allowance to members for clothing that did not fit properly $80. Received payments on account from members $1,170. WebPaid Rayford Co. in full, less discount. 17: Received credit from Galaxy Sportswear for merchandise returned $0. 20: Made sales on account for $640, terms n/30. The cost of the merchandise sold was $300. 21: Paid Galaxy Sportswear in full, less discount. 27: Granted an allowance to customers for clothing that was flawed $20. 30 how to use linkedin to get job