Business
Business, 27.07.2019 22:30, xcoder1732

Juniper company uses a perpetual inventory system and the gross method of accounting for purchased. the company purchase $9,750 of merchandise on august 7 with terms 1/10, n/30. on august 11, it returned $1,500 worth of merchandise. on august 26, it paid the full amount due. the correct journal entry to record the merchandise return on august 11 is:

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Juniper company uses a perpetual inventory system and the gross method of accounting for purchased....

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