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Question

WileyPLUS NEW https://edugen wileyplus.com/edugen/student/mainf.uni 90% Qwileyplus PLUS I Help Contact Us I Log Out WileyPLUS Weygandt, Financial Accounting, 10e FINANCIAL ACCOUNTING (ACC 2000) Home Read, Study& Practice Gradebok ORIONDownloadable eTextbook Assignment Open Assignment CALCULATOR MESSAGE MY INSTRUCTOR FUILL SCREEN PRINTER VERSION BACK NEXT> ASSIGNMENT RESOURCES Brief Exercisc 8-2 Chapter 9 Record the following transactions on the books of Pina Colada Corp. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) (a) On July 1, Pina Colado Corp. sold merchandise on account to waegelein Inc. for $17,400, terms 4/10, n/30. (b) On July 8, Wacgelein Inc. returned merchandise worth $5,100 to Pina Colada Corp.. (c) On July 11, Waegelein Inc. paid for the merchandise. erief Exercias 8-5 Account Titles and Explanation Debit Credit Review Results by Click if you would like to Show Work for this question: Open Show Work Question Attempts: 0 of 3 used SAVE FOR LATER All Rights Reserved. A Division of Version 4.24.24 O Type here to search 11/4/2017 4

Explanation / Answer

a Accounts receivable 17400           Sales revenue 17400 b Sales return and allowances 5100          Accounts receivable 5100 c Cash 11808 Sales discounts 492          Accounts receivable 12300

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