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Business, 12.03.2020 21:01 jeff6284

Bingerton Industries uses a perpetual inventory system. The company began the year with inventory of $85,000. Purchases of inventory on account during the year totaled $310,000. Inventory costing $335,000 was sold on account for $520,000. Required: Record transactions for the purchase and sale of inventory.

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Bingerton Industries uses a perpetual inventory system. The company began the year with inventory of...
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