Preparing financial statements

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General Information: Who-Dun-It Bookstore is open Monday through Saturday and makes most of its sales on cash basis. However, Ann has allowed a few customers to establish credit and offers terms of 2/10 n/30 to all credit customers. The store operates on the calendar year, preparing financial statements each December 31. Who-Dun-It Bookstore uses the five journal accounting system. which requires you to record each December bussiness transaction in one of the following journals:

1) sale youral
2) Purchases Journal
3) Cash Receipts
4) Cash Payments
5) General Journal

(the transactions are on the pictures, do the journal entry for each picture on a excell format; i woul also send a picture which would be the last one whith the chart accounts)

Reference no: EM131746500

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