Business, 29.07.2020 01:01 xaniawashington

On February 12, Travis Company purchased merchandise on account from a supplier for $10,300. terms 2/10, net 30. On February 14. Travis returned $1,550 of the merchandise purchased.
On February 17, Travis Company paid for the merchandise.
Assume Travis Company is using the periodic inventory system, record the journal entries required for the above transactions.

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On February 12, Travis Company purchased merchandise on account from a supplier for $10,300. terms 2...