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Journal Entries for Sale, Return, and RemittancePerpetual System returned because it was the wrong model. On September Brady Company received a check for the amount due from Dalton Company.
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Prepare the journal entries made by Brady Company for these transactions. Brady uses the perpetual Inventory system. Round your answers to the nearest dollar.
tableDattableGeneral JournalDescriptionDebit,CreditSept:Sold merchandise to Dalton Company terms Cost of merchandise sold to Dalton Company.,,Merchandise returned by Dalton Company.,,~~Cost of merchandise returned by Dalton Company.,,Cash,,hathat:Remittance received from Dalton Company.,,
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