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Journalize the entries for Sievert Co and Bray Co

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Problem - Sievert Co. sold merchandise to Bray Co. on account, $11,500, terms 2/15, n/30. The cost of the merchandise sold is $6,900. Journalize the entries for Sievert Co. and Bray Co. for the sale, purchase, and payment of amount due. Assume that all discounts are taken.

Reference no: EM132694647

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