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1 and 2 please The following transactions occur for Badger Biking Company during the month of June: 1. Purchase bicycle inventory for ( $ 80,000

1 and 2 please The following transactions occur for Badger Biking Company during the month of June: 1. Purchase bicycle inventory for \( \$ 80,000 \) on account. 2. Sell inventory costing \( \$ 40,000 \) for \( \$ 6 1 answer

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