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Fast2F Fast2F
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7 years ago
Prepare journal entries for the following transactions for Jane's Violin Shop applying the perpetual inventory system. Omit explanations.

May   12 Purchased on account 2 boxes of bows for $200.
   16 Returned 2 bows for $20 credit.
   22 Sold 5 bows for $200, cost $50.
   29 Paid the balance due on account.
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
Author:
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AugustisAugustis
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Fast2F Author
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#2
7 years ago
I was skeptical at first but decided to give this a try.

Happy I did, you guys are so smart
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#3
6 years ago
Happy to help Slight Smile
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