Journalize entries for the following related transactions of Lilly...
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Accounting
Journalize entries for the following related transactions of Lilly Heating \& Air Company: (If an amount box does not require an entry, leave it blank.) a. Purchased $36,000 of merchandise from Schell Co. on account, terms 2/10,n/30. Feedback Check My Work a. A purchase increases inventory and the amount that is owed on account. b. Paid the amount owed on the invoice within the discount period
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