On March 2, Borst Company sold $800,000 of merchandise on account to McLeena Company, terms...
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On March 2, Borst Company sold $800,000 of merchandise on account to McLeena Company, terms 2/10, n/30. The cost of the merchandise sold was $540,000. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Account Titles and Explanation Debit Credit | 800000 800000 (To record credit sale) Inventory (To record cost of merchandise sold) eTextbook and Media List of Accounts Assistance Used Attempts: 1 of 4 used Submit Answer Save for Later Last saved 3 minutes ago. Saved work will be auto-submitted on the due date
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