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Bushard Company (buyer) and Schmidt, Inc. (seller) engaged in the following transactions during February 201 : Bushard Company DATE TRANSACTIONS 201 Feb. 10 Purchased merchandise for $1,500 from Schmidt, Inc., Invoice 1980 , terms 2/10,n/30. 13 Received Credit Menorandum 230 from Schmidt, Inc., for damaged nerchandise totating $100 that was returned; the goods were purchased on Invoice 1980, dated February 10. 19 Paid amount due to Schmidt, Inc., for Invoice 1980 of February 10, less the return of february 13 and less the cash discount, check 2010. Schmidt, Inc. DATE TRANSACTIONS 201 Feb. 10 Sold merchandise for $1,500 on account to Bushard Company, Invoice 1980, terms 2/10, n/30. 13 Issued Credit Memorandun 230 to Bushard Company for damaged merchandise totaling $100 that was returned; the goods were purchased on Invoice 1986, dated February 10. 19 Received payment from Bushard Company for Invoice 1980 of February 10 , less the return of February 13 and less the cash discount, Check 2010. Required: Journalize the transactions above in a general journal for both Bushard Company and Schmidt, Inc. Complete this question by entering your answers in the tabs below. Journalize the transactions above in a general joumal for Bushard Company assuming that they use the periodic system. Journal entry worksheet

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