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ngageNowV21OrinXCengage Learning × agenow.com/ilrm/tak Super Ep S SunGard Higher Edu S Texas Southern Unive Twitter Macmillan Launchpe C Chegg Study Order akeAssignmentMain.do?invoker assignments&takeAssignmentSessionLocatore; assignment-take&inprogress; false O se Show Me How Calculalor Print Hem eBcok Purchase-Related Transactions Warwick's Co, a women's clothing store, purchased $14,000 of merchandice from a supplier on account, terms FOn destination, 1/10, n/30, Warwick's returned $2,100 of the merchandise, receiving a credit memo. d. Journalize Warwicks Co.,'s entry to record the purchase. b. Journalize Warwick's Co.'s entry to record the merchandise return. c. Journalize Warwicks Co. entry to record the payment within the discount perlod of ten days d. yournalize Warwick's Co. entry to record the parmont beyond the discoure oerid f td d. Journalize Warwick's Co, entry to record the payment beyond the discount period of ten days, IF an amount box does not require an entry, leave it blark 643 PM Check My Work

Explanation / Answer

Journal entry :

Date accounts & explanation debit credit a) Purchase 14000 Account payable 14000 (b) Account payable 2100 Purchase return and allowance 2100 c) Account payable 11900 Cash 11781 Purchase discount 119 d) Account payable 11900 Cash 11900

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