Waterway Company recently made a $10600 purchase from a major supplier. Shipping costs were $210,...
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Waterway Company recently made a $ purchase from a major supplier. Shipping costs were $ terms FOB shipping point. To record this purchase, Waterway Company will need to debit the Merchandise Inventory account for $ Cost of Goods Sold account for $ Merchandise Inventory account for $ Cost of Goods Sold account for $ 
Waterway Company recently made a $ purchase from a major supplier. Shipping costs were $ terms FOB shipping point. To record this purchase, Waterway Company will need to debit the
Merchandise Inventory account for $
Cost of Goods Sold account for $
Merchandise Inventory account for $
Cost of Goods Sold account for $
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