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Record Entries for the Following Transactions for Riviera Company

Question 72

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Record entries for the following transactions for Riviera Company. Riviera Company maintains an allowance account.
a)Sold merchandise on account to Carver Company, $2,800.
b)Sold merchandise on account to Gwinett Company, $1,670.
c)Write off both the Carver Company and the Gwinett Company accounts.
d)Carver Company unexpectedly paid off its account in full.

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