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A company has the following transactions during March: March 3 Purchases inventory on account for $ 3 , 5 0 0 , terms 2 1

A company has the following transactions during March:
March 3 Purchases inventory on account for $3,500, terms 210,n30.
March 5 Pays freight costs of $200 on inventory purchased on March 3.
March 6 Returns inventory with a cost of $500.
March 12 Pays the full amount due on March 3 purchase.
March 29 Sells all inventory purchased on March 3(less those returned on March 6) for $5,000 on account.
Record all transactions, including the month-end adjustment to cost of goods sold, assuming the company uses a periodic inventory system and has no beginning inventory.
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