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Business, 13.11.2019 00:31 gymnastsgymnastics

On february 6, carla vista company sold $100,000 of merchandise to the lyman company, terms 2/10, net /30. the cost of the merchandise sold was $73,000. on february 8, the lyman company returned $15,000 of the merchandise purchased on february 6. the cost of the merchandise returned was $9,300. on february 16 carla vista company received the balance due from the lyman company. prepare the journal entries to record the following transactions on carla vista company's books using a perpetual inventory system.

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On february 6, carla vista company sold $100,000 of merchandise to the lyman company, terms 2/10, ne...
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