Business, 14.04.2020 18:18, kaylienguyen

Journalize the following entries for the seller and the buyer: (a) Seller sold merchandise on account to the buyer, $4,750, terms 2/10, net 30, FOB destination on December 21. The cost of the merchandise is $2,850. The seller pays the freight of $75. (b) Buyer pays within the discount period on December 31. Complete your answers in the downloaded excel file and upload using the upload file button once you complete problems 24, 25, 26 and 27 on this Excel file (each problem is on a different tab).

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Journalize the following entries for the seller and the buyer: (a) Seller sold merchandise on accoun...