Create a table and record journal entries for the buyer and seller. Be sure to include a break in between buyer and seller. June Black Clover sold merchandise for $11,770 that cost $7,745 to Cowboy Bebop, 3/15, n 30, FOB Shipping. 15 Cowboy Bebop paid shipping costs of $755. June 16 June 20 June 25 Black Clover accepted a return of $2,770 that cost $610. Cowboy Bebop paid the invoice within the discount period.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Create a table and record journal entries for the buyer and seller. Be sure to
include a break in between buyer and seller.
June Black Clover sold merchandise for $11,770 that cost $7,745 to Cowboy Bebop,
3/15, n 30, FOB Shipping.
15
Cowboy Bebop paid shipping costs of $755.
June
16
June
20
June
25
Black Clover accepted a return of $2,770 that cost $610.
Cowboy Bebop paid the invoice within the discount period.
Transcribed Image Text:Create a table and record journal entries for the buyer and seller. Be sure to include a break in between buyer and seller. June Black Clover sold merchandise for $11,770 that cost $7,745 to Cowboy Bebop, 3/15, n 30, FOB Shipping. 15 Cowboy Bebop paid shipping costs of $755. June 16 June 20 June 25 Black Clover accepted a return of $2,770 that cost $610. Cowboy Bebop paid the invoice within the discount period.
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