Business
Business, 06.11.2019 01:31, Packergood

This information relates to larkspur co. 1. on april 5, purchased merchandise from crane company for $27,300, on account, terms 2/10, n/30. 2. on april 6, paid freight costs of $3,300 on merchandise purchased from crane company. 3. on april 7, purchased equipment on account for $38,300. 4. on april 8, returned $3,700 of the april 5 merchandise to crane company. 5. on april 15, paid the amount due to crane company in full. prepare the journal entries to record these transactions on the books of larkspur using a periodic inventory system

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This information relates to larkspur co. 1. on april 5, purchased merchandise from crane company for...

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