c. February 7-sold merchandise on account for $800, and the cost of this merchandise sold was...

c. February 7-sold merchandise on account for $800, and the cost of this merchandise sold was $560.

Account Name	Increase or Decrease	Amount


Explanation:

d. February 10-returned $500 on defective merchandise (list price) of the purchases dated February 3.

Account Name	Increase or Decrease	Amount


Explanation:

e. February 11-paid the amount due of the purchased realized.

Account Name	Increase or Decrease	Amount


Explanation:

f. February 12-accepted defective products returned that were sold by $150 on February 7, and the cost of these products returned is $110.

Account Name	Increase or Decrease	Amount


Explanation:

Expert Solution

ekkarill92 answered 1 year ago

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