Some of the transactions of Sheffield Company during August are listed below. Sheffield uses the...
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Some of the transactions of Sheffield Company during August are listed below. Sheffield uses the periodic inventory method. August 10 13 15 25 28 Purchased merchandise on account, $10,200, terms 2/10, n/30. Returned part of the purchase of August 10, $1,400, and received credit on account. Purchased merchandise on account, $14,500, terms 1/10, n/60. Purchased merchandise on account, $17,900, terms 2/10, n/30. Paid invoice of August 15 in full.
Some of the transactions of Sheffield Company during August are listed below. Sheffield uses the periodic inventory method. August 10 Purchased merchandise on account, $10,200, terms 2/10,n/30. 13 Returned part of the purchase of August 10,$1,400, and received credit on account. 15 Purchased merchandise on account, $14,500, terms 1/10,n/60. 25 Purchased merchandise on account, $17,900, terms 2/10,n/30. 28 Paid invoice of August 15 in full. Prepare general journal entries to enter the transactions. (If no entry is required, select "No entry" for the occount tities and enter o for the amounts, Credit occount titles are outomatically indented when amount is entered. Do not indent manually. List all debit entries before credit entries.)
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