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Journalize sundance co.

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Transactions for buyer and seller

Sundance Co. sold merchandise to Butter field Co. on account, $16,800, terms 2/15, n/30.The cost of the merchandise sold is $12,600. Sundance Co. issued a credit memo for $3,800 for merchandise returned and later received the amount due within the discount period. The cost of the merchandise returned was $2,850. Journalize Sundance Co.'s and Butter field Co.'s entries for the payment of the amount due.

Reference no: EM13552813

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