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PA$6.$

LO $6\mathrm{.}3$Review the following transactions for Dish Mart and record any required journal entries. Note that all purchase transactions are with the same supplier.

Nov.$5$Dish Mart purchases $26$ ?sets of dishes for $$460$ ?per set with cash.Nov.$9$Dish Mart purchases $30$ ?sets of dishes for $$430$ ?per set on credit. Terms of the purchase are $10/15,$ ?n$/60,$ ?invoice date November $9.$Nov.$13$Dish Mart discovers $5$ ?of the dish sets are damaged from the November $9$ ?purchase and returns them to the supplier for a full refund.Nov.$14$Dish Mart purchases $10$ ?sets of dishes for $$450$ ?per set, on credit. Terms of the purchase are $10/10,$ ?n$/60,$ ?invoice date November $14.$Nov.$15$Dish Mart discovers that $2$ ?of the dish sets from the November $14$ ?purchase and $4$ ?of the dish sets from the November $5$ ?purchase are missing a few dishes but keeps them since the supplier granted an allowance of $$50$ ?per set for the November $14$ ?dish sets and $$75$ ?per set for the November $5$ ?dish sets. Dish Mart and the supplier have agreed to reduce the amount Dish Mart has outstanding debt, instead of sending a separate check for the November $5$ ?allowance in cash.Nov.$24$Dish Mart pays their account in full for all outstanding purchases, less any returns, allowances, and$/$or discounts. PA$6.$ ?LO $6\mathrm{.}3$ ?Review the following transactions for Dish Mart and record any required journal entries. Note that all purchase transactions are with the same supplier.

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