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Weygandt, Financial & Managerial Accounting, 2e Financial Managerial Accounting (ACCT 2100 2110 Assignment Gradebook ORION Downloadable eTextbook nment Question 5 Your answer is incorrect. Try again. WaterwayCo, returned defective goods costing $6500 to Pharoah Company on April 19, for credit. The goods were purchased April 10, on credit, terms 2/10, 1/30. The entry by Waterway Co, on April 19, in receiving full credit is: Accounts Payable Inventory 6500 6500 6500 Accounts Payable Inventory Cash Accounts Payable Purchase Discounts Inventory Accounts Payable Inventory Cash By accessing this Question Assistance, you will leam while you earn points based on the Point Potential Policy set by your instructor Question Attempts: 2 of 3 used SAVE FOR LATER SUBMIT ANSWER - 1 2009-2019 ani Sons Inc. All Rights Reserved. A Division of Sohn wie Ver24.155 Ron Weasons, inc. Question 4 x Your answer is incorrect. Try again. Sheridan's Market recorded the following events involving a recent purchase of merchandise Received goods for $68000, terms 1/10, n/30. Returned $1000 of the shipment for credit. Paid $200 freight on the shipment.. Paid the invoice within the discount period. As a result of these events, the company's inventory increased by TO $66530. $67200. O $66330. $66524. By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by you Question A You

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