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  3. on december 1.2022, blossom distributing company h

On December 1.2022, Blossom Distributing Company had the following account balances. During December, the company...

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Accounting

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On December 1.2022, Blossom Distributing Company had the following account balances. During December, the company completed the following summary transactions. Dec. 6 Paid \$1,500 for salaries and wages due employees, of which $500 is for December and $1,000 is for November salaries and wages payable. 8 Received $1,800 cash from customers in payment of account (no discount allowed). 10 Sold merchandise for cash $6,500. The cost of the merchandise sold was $3,800. 13 Purchased merchandise on account from Boehm Co. $8,500, terms 2/10,n/30. 15 Purchased supplies for cash $1,600. 18 Sold merchandise on account $12,300, terms 3/10,n/30. The cost of the merchandise sold was $8,000. 20 Paid salaries and wages $1,500. 23 Paid Boehm Co. in full, less discount. 27 Received collections in full, less discounts, from customers billed on December 18. 10:48Safari al LTE 75 Expert Q\&A Done

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