Business, 30.03.2020 21:53 COOLIOMARIS
On October 1, Robertson Company sold inventory in the amount of $5,800 to Alberta, with credit terms of 2/10, n/30. The cost of the items sold is $4,000. Robertson uses the periodic inventory system. On October 4, Alberta returns some of the inventory. The selling price of the inventory is $500 and the cost of the inventory returned is $350. What journal entry (entries) will be recorded by Robertson October 4?
Answers: 2
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On October 1, Robertson Company sold inventory in the amount of $5,800 to Alberta, with credit terms...
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