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Author Question: On June 15, Paradise Park purchased merchandise for the race track. The invoice was for $4,500, ... (Read 54 times)

bcretired

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on: Nov 11, 2019
On June 15, Paradise Park purchased merchandise for the race track. The invoice was for $4,500, terms 2/10, n/30. On June 20, Paradise Park returned $200 of merchandise for credit. On June 25, it paid the amount owed. Fill in the blanks below.
a.The debit to Purchases on June 15 is ________.
b.The credit to Accounts Payable on June 15 is ________.
c.The credit to Purchases Returns and Allowances on June 20 is ________.
d.The credit to Cash on June 25 is ________.
e.The credit to Purchases Discount on June 25 is ________.
College Accounting: A Practical Approach ¦ Slater, Zwicker ¦ 12th Edition
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Marked as best answer by bcretired on Nov 11, 2019

covalentbond

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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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bcretired

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Reply 2 on: Nov 11, 2019
Excellent

carojassy25

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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