Journalize the following merchandise transactions. The company uses the perpetual inventory system.(a)Sold merchandise on account, $17,300, with terms 2/10, net 30. The cost of the goods sold was $12,600.(b)Received payment within the discount period.
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Q169: Q178: Match each of the following terms (a-h) Q186: During the current year, merchandise is sold Q187: For each of the following, calculate the Q188: Using the perpetual inventory system, journalize the Q189: Merchandise with a list price of $4,200 Q192: Travis Company purchased merchandise on account from Q200: During the current year, merchandise is sold Q209: Merchandise with a list price of $4,700 Q218: Conquest Company uses a perpetual inventory system.
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