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Journalize sales transactions

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Reference no: EM132620638

Question - Presented below are transactions related to Xu Company.

A. On December 3, Xu Company sold $500,000 of inventory with terms 2/10, n/30, The cost of the good sold was $350,000.

B. On December 8, the buyers returned inventory of $27,000 purchased on December 3.

C. On December 13, Xu Company received the balance due from Hashmi Co.

Instruction - Journalize sales transactions.

Reference no: EM132620638

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