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(Solved): The Blue Words Off To The Right Are The Options That The Drop Down Arrows Provide. Thank You! ...

The blue words off to the right are the options that the drop down arrows provide. Thank you!

Sales Transactions Journalize the following merchandise transactions: a. Sold merchandise on account, $27,300 with terms 2/10

Sales Transactions Journalize the following merchandise transactions: a. Sold merchandise on account, $27,300 with terms 2/10, n/30. The cost of the merchandise sold was $16,380. Sale Accounts payable / Accounts Receivable / Cash / Cost of Merchandise Sold / Merchandise Inventory / Purchase Discounts Cost of Merchandse Sold / Purchases / Cash / Sales / Sales Discounts / Sales Returns and Allowances Cost Accounts Payable / Cost of Merchandise Sold / Purchases / Purchases Return and Allowance / Sales Discount / Cash / Sales Accounts Payable / Accounts Receivable / Merchandise Inventory / Purchases / Purchases Returns and Allowances / Sales Discounts / Cash b. Received payment less the discount. Accounts Payable / Accounts Receivable / Cash / Merchandise Inventory / Sales Accounts Receivable / Cash / Merchandise Inventory / Purchases / Sales C. Issued a credit memo for returned merchandise that was sold for $10,900 terms n/30. The cost of the merchandise returned was $6,540. Refund Accounts payable Ac Accounts Payable / Accounts Receivable / Cash / Cost of Merchandise Sold / Customer Refunds Payable / Purchases Discounts Accounts Receivable / Cost of Merchandise Sold / Purchases / Cash / Sales / Sales Returns and Allowances Inventory Accounts Payable / Merchandise Inventory / Purchases / Purchases Returns and Allowances / Sales Discounts / Cash/ Sales Accounts Payable / Accounts Receivable / Merchandise Inventory / Estimated Returns Inventory / Purchases Returns and Allowances / Sales Discounts / Cash

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