Business, 18.02.2021 21:20 versaceblooper

On April 13, the Kesselman Company purchased $27,000 of merchandise from the Krausman Company, with terms of 1/10, n/30. On April 15, Kesselman paid $350 to Ace Trucking Company for freight on the shipment. On April 18, Kesselman Company returned $1,000 of merchandise for credit. Final payment was made to Krausman on April 22. Kesselman Company records purchases using the perpetual inventory system

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On April 13, the Kesselman Company purchased $27,000 of merchandise from the Krausman Company, with...

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