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A C G From the following transactions for Maggie Co., when appropriate, journalize, record, post,...

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Accounting

image A C G From the following transactions for Maggie Co., when appropriate, journalize, record, post, and prepare a schedule of accounts receivable. Use the same journal headings (all page 1) and chart of accounts that Art's Clothing used in the text (use Maggie G., Capital). You will have to set up your own accounts receivable subsidiary ledger and partial general ledger as needed. All sales terms are 2/10, n/30. 42023 5 June 2 Maggie G. invested $6,000 in the business. 73 Sold merchandise on account to Wei Co, invoice No. 219, 86 Cash sale, $300. Cost of inventory was $225. 99 Issued credit memorandum No. 24 to Boston Co. for defective 10 merchandise, \$150. Cost of inventory was \$112.50. 11 Received cheque from 1216 Cash sale, \$50O. Cost of inventory was $375. 1317 Sold merchandise on account to Boston Co., invoice No. 220 , 14 CASH RECEIPTS JOURNAL 15 Ready Type here to search

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