how do I calculate CASH and ACCOUNTS RECEIVABLE sections? I'm having trouble calculating...
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how do I calculate CASH and ACCOUNTS RECEIVABLE sections?
I'm having trouble calculating CASH and ACCOUNTS RECEIVABLE
ecord the following transactions on the books of Windsor, Inc. (Credit account titles are automatically indented when amou. a) On July 1, Windsor, Inc. sold merchandise on account to Waegelein Inc. for $17,100, terms 2/10, 1/30. b) On July 8, Waegelein Inc. returned merchandise worth $3,500 to Windsor, Inc. c) On July 11, Waegelein Inc. paid for the merchandise. Account Titles and Explanation Debit Credit 17100 (a) Accounts Receivable 17100 Sales Revenue 3500 (b) Sales Returns and Allowances 3500 Accounts Receivable (c) Cash 272 Sales Discounts Accounts Receivable e Textbook and Media
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