Business
Business, 18.03.2021 23:00, jose477

May 1 Sold goods costing $6,600 to Wright Company on account, $11,000, terms 1/10, n/30. The goods are sold FOB shipping point, freight prepaid by seller, $110. May 7 Wright Company returned damaged merchandise previously purchased on account, $700. May 12 Received the amount due from Wright Company. Note: The entry to record the shipping payment to the delivery company is not required in this problem.

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May 1 Sold goods costing $6,600 to Wright Company on account, $11,000, terms 1/10, n/30. The goods a...

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