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Business, 02.11.2019 03:31 carlosiscr7

Prepare the journal entries to record the following transactions on borst company’s books using a perpetual inventory system. (if no entry is required, select "no entry" for the account titles and enter 0 for the amounts. credit account titles are automatically indented when amount is entered. do not indent manually. record journal entries in the order presented in the problem.) (a) on march 2, borst company sold $800,000 of merchandise to mcleena company on account, terms 2/10, n/30. the cost of the merchandise sold was $540,000. (b) on march 6, mcleena company returned $140,000 of the

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