Capital Technologies Inc. began 2020 with inventory of ($ 20,00(0)). During the year. Capital purchased inventory costing
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Capital Technologies Inc. began 2020 with inventory of \(\$ 20,00(0)\). During the year. Capital purchased inventory costing \(\$ 100,00(\) and sold goods for \(\$ 1+0,000\), with all transactions on account. Capital ended the year with inventory of \(\$ 30,000\). Journalize all the necessary transactions under the periodic inventory system.
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Related Book For 
Financial Accounting
ISBN: 9780135433065
7th Canadian Edition
Authors: Walter Harrison, Wendy Tietz, C. Thomas, Greg Berberich, Catherine Seguin
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