Princess Jewelry purchased inventory for $ 7,000 on credit to Wholesale Jewelry on February 2....
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Accounting
Princess Jewelry purchased inventory for $ 7,000 on credit to Wholesale Jewelry on February 2. The term of sale that they offered was 3/10 n / 30. When they received the merchandise, there were some broken pieces for a total value of $ 800.00, which they returned to Wholesale Jewelry. On February 8, Princess Jewelry paid the balance owed. Jornalize the purchase, the return and the payment made.
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