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?? answer it Journalize each of the following transactions assuming a perpetual inventory system and PST at 8% along with 5% GST. (If no entry
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Journalize each of the following transactions assuming a perpetual inventory system and PST at 8% along with 5% GST. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) June 1Purchased $3,500 of merchandise; terms 1/10, n/30. 5 Sold $2,500 of merchandise for $2,900; terms n/15. View transaction list View journal entry worksheet Debit Credit No Date General Journal 3,500 1 June 01 Merchandise inventoryStep by Step Solution
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