## Answers

PAGE NO DATE Credit Debit 9 Da מס סס94 9 YODOO Entery1: Sheridan Co. Al To Sales Alc (To Record Credit Sales) Entry 2: Cost of Good Sold Al To Inventory the (To Record cost of Merchandise sold) 584000 58400 = Discount will be recorded as and when it is givenas it is a cash discount.

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