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Business, 16.10.2019 23:00 johnnyboy41706

Acompany has the following transactions during march: march 3 purchases inventory on account for $3,400, terms 3/10, n/30. march 5 pays freight costs of $260 on inventory purchased on march 3. march 6 returns inventory with a cost of $600. march 12 pays the full amount due on march 3 purchase. march 29 sells all inventory purchased on march 3 (less those returned on march 6) for $5,800 on account. record all transactions, assuming the company uses a perpetual inventory system. (if no entry is required for a particular transaction/event, select "no journal entry required" in the first account field.)

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Acompany has the following transactions during march: march 3 purchases inventory on account for $3...

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