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Business, 12.03.2021 15:30 mazielynn84
Stylon Co., a women's clothing store, purchased $27,000 of merchandise from a supplier on account, terms FOB destination, 2/10, n/30, using the net method under a perpetual inventory system. Stylon returned merchandise with an invoice amount of $4,600, receiving a credit memo.
Required:
Journalize Stylon’s entry to record the purchase. If an amount box does not require an entry, leave it blank.
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Stylon Co., a women's clothing store, purchased $27,000 of merchandise from a supplier on account, t...
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