On March 2, Riverbed Company sold $832,000 of merchandise on account to Swifty Corporation, terms 2/10, n/30. The cost of the merchandise sold was $603,000. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter O for the amounts) Account Titles and Explanation (b) Inventory Accounts Payable (c) e Textbook and Media List of Accounts ✓ Your answer is correct. Account Titles and Explanation Accounts Payab On March 6, Swifty Corporation returned $83,200 of the merchandise purchased on March 2. The cost of the returned merchandise was $60,300. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter O for the amounts) Inventory e Textbook and Media List of Accounts - Your answer is partially correct. Account Titles and Explanation Accounts Payable Debit Inventory Cash си Debit $32,000 Debit 83.200 On March 12, Riverbed Company received the balance due from Swifty Corporation. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter Ofor the amounts) Credit 748.000 $32,000 Credit 83,200 Credit 14,976 733,824

Name: On March 2, Riverbed Company sold $832,000 of merchandise on account
Uploaded: 2024-03-04T10:43:15.000Z
Channel: Bartleby
Description: On March 2, Riverbed Company sold $832,000 of merchandise on account to Swifty Corporation, terms 2/10, n/30. The cost of the merchandise sold was $603,000. (Credit account titles are automatically indented when amount is entered. Do not indent manu