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Create a general journal

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Reference no: EM131582980

Question -

a. Purchases of merchandise on account were $600,000.

b. The cost of freight to receive the inventory was $20,000. This was paid in cash.

c. Debra returned $10,000 of the merchandise due to an ordering error. Debra received a full credit for the return.

d. Debra paid the remaining balance for the merchandise.

Required - Create a General Journal.

Reference no: EM131582980

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