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1. Debit 2. Credit 3. Neither The company sells $4,600 of goods to consumers. The company purchases $1,600 of supplies intending to use them internally.
1. Debit
2. Credit
3. Neither
The company sells $4,600 of goods to consumers.
The company purchases $1,600 of supplies intending to use them internally.
Customers return $550 of goods in excellent condition to the company.
The company does a physical count and finds three items missing due to shrinkage.
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