SPA Co. sold merchandise to Boyd Co. on account, $25,000,


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SPA Co. sold merchandise to Boyd Co. on account, $25,000, 1 answer below » SPA Co. sold merchandise to Boyd Co. on account, $25,000, terms FOB shipping point, 2/10, n/30. The cost of the merchandise sold is $16,000. SPA Co. paid freight of $675 and later received the amount due within the discount period. Journalize SPA Co.’s and Boyd Co.’s entries for the payment of the amount due. Oct 11 2013 07:33 AM

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