please write all the entrys for transactions Joumalize...
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please write all the entrys for transactions
Joumalize the following transactions that occurted in Septernber for Cardinal, assuming the peipetual imvontory system is being used. No explacabions ate needed Identify each iccounts payable and accounts receivable with the vendor or customer naine Cardinal esfimates sales returns at the end of each month (Rocoed debits first, then credits Excbode explanations from journal entries: Check your speling carelully and do not abbreviate. Assume the coenpany records sales at the net amount). (CEck the lcon to view the transactions) Sep. 3. Purchased merchandse inventory on acceunt from Sideckl Wholenalers, $3,500. Teims 2IT5, nEOM. FOB shieping point. Sin 4 Paid freight bill of 45 on Sdptember 3 purchase Sep. 8. Sold merchandise inventory to Herenda Company, $5,900, on account. Tems 3115,n/35. Cost of goods, $2,419 Begin by preparing the entry to jo foalize the sale portion of the transaction. Do not record the expence related to the sale. We will do that in the following step More info sed. No explanati month. (Record net amount.) II do that in the fo II do that in th
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