Sales The company sold 70 tables on account for $240 each. Make the journal entry or entries

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Sales The company sold 70 tables on account for $240 each. Make the journal entry or entries necessary to record this transaction under (1) a perpetual inventory system and (2) a periodic inventory system. Don’t forget the impact of the 2% discount described in PE 7-9 and the transportation costs mentioned in PE 7-7.

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