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1. Ever hannhad the following transactions for October: October 6: Purchased 300 units of inventory at $8 per unit. The seller offered credit terms of

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1. Ever hannhad the following transactions for October: October 6: Purchased 300 units of inventory at $8 per unit. The seller offered credit terms of 2/10, 1/30. October 8: Returned 25 defective units and received full credit. October 10: Paid the amount in full, less the returned items. Prepare journal entries to record each of the preceding transactions. Assume a perpetual inventory system. 10

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