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Author Question: On May 6, R. Alexander purchased merchandise for his jewelry store. The invoice was for $80,000 plus ... (Read 67 times)

jjjetplane

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on: Nov 11, 2019
On May 6, R. Alexander purchased merchandise for his jewelry store. The invoice was for $80,000 plus freight of $1,500, terms 1/15, n/30. On May 10, R. Alexander returned merchandise for $15,000 credit. On May 19, R. Alexander paid the amount owed. Answer the following questions:
a.The credit to Accounts Payable on May 6 is ________.
b.The debit to Freight-In on May 6 is ________.
c.The debit to Accounts Payable on May 10 is ________.
d.The credit to Purchases Discount on May 19 is ________.
e.The credit to Cash on May 19 is ________.
College Accounting: A Practical Approach ¦ Slater, Zwicker ¦ 12th Edition
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Marked as best answer by jjjetplane on Nov 11, 2019

lcapri7

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Reply #1 on: Nov 11, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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jjjetplane

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Reply 2 on: Nov 11, 2019
Great answer, keep it coming :)

apple

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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