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Business, 29.06.2021 20:40 wolfking800

E5.2 (LO 2), AP This information relates to Rice Co. Journalize purchase transactions. 1. On April 5, purchased merchandise on account from Jax Company for $28,000, terms 2/10, n/30. 2. On April 6, paid freight costs of $700 on merchandise purchased from Jax. 3. On April 7, purchased equipment on account for $30,000. 4. On April 8, returned $3,600 of April 5 merchandise to Jax Company. 5. On April 15, paid the amount due to Jax Company in full. Instructions a. Prepare the journal entries to record the transactions listed above on Rice Co.'s books. Rice Co.

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E5.2 (LO 2), AP This information relates to Rice Co. Journalize purchase transactions. 1. On April 5...
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