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ournalize the following transactions for the Eagle Company assuming perpetual inventory -ystem. . Sells merchandise for $456. Cost of merchandise sold $300. . Sells merchandise for $333 and accepts VISA as the form of payment. Cost of erchandise sold $212. . Sells merchandise on account for $567. Cost of merchandise sold $387. 1. Credit card fees paid for the month is $98.

ournalize the following transactions for the Eagle Company assuming perpetual inventory -ystem. . Sells merchandise for $456. Cost of merchandise sold $300. . Sells merchandise for $333 and accepts VISA as the form of payment. Cost of erchandise sold $212. . Sells merchandise on account for $567. Cost of merchandise sold $387. 1. Credit card fees paid for the month is $98.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Journalize the following transactions for the Eagle Company assuming perpetual inventory system. 1. Sells merchandise for $456. Cost of merchandise sold $300. 2. Sells merchandise for $333 and accepts VISA as the form of payment. Cost of merchandise sold $212. 3. Sells merchandise on account for $567. Cost of merchandise sold $387. 4. Credit card fees paid for the month is $98.
Transcribed Image Text:Journalize the following transactions for the Eagle Company assuming perpetual inventory system. 1. Sells merchandise for $456. Cost of merchandise sold $300. 2. Sells merchandise for $333 and accepts VISA as the form of payment. Cost of merchandise sold $212. 3. Sells merchandise on account for $567. Cost of merchandise sold $387. 4. Credit card fees paid for the month is $98.
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