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Sav Homework: Homework Assignment # 5 Score: 0 of 1 pt 8 of 11 (5 complete) HW Score: 43.18%, 4.75 of 11 SF5-8 (book/static) Question Help On November 4, Cain Company sold merchandise inventory on account to Tarin Wholesalers, 512,000, that cost $4,800. Terms 3/10, n/30. On November 5, Tarin Wholesalers paid shipping of $30. Tarin Wholesalers paid the balance to Cain Company on November 13. (Assume both companies use a perpetual inventory system and that sales are recorded at the net amount) Read the requirements Requirement 1. Journalize Tarin Wholesaler's November transactions. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Nov. 4: Purchased merchandise inventory on account from Cain Company for $12,000, terms 3/10, n/30 Credit Date Accounts Debit Nov 4 Sales Revenue Choose from any list or enter any number in the input fields and then click Check Answer 5 parts remaining Clear All Check Answer JUIO Mellanolse inventory on account to Tarin Wholesalers, $12,000, that cost $4,800. Terms 3/10 ng of $30. Tarin Wholesalers paid the balance to Cain Company on November 13. (Assume both companies u ded at the net amount.) ize Tarin WH i Requirements - X the handise invel 1. Journalize Tarin Wholesaler's November transactions. 2. Journalize Cain Company's November transactions. Revenue Print Done enter any number in the input fields and then click Check Answer, Clear All

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