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BE5-3 (LO 2, 3), AP Rita Company buys merchandise on account from Linus Company. The selling price of the goods is $900, and the cost

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BE5-3 (LO 2, 3), AP Rita Company buys merchandise on account from Linus Company. The selling price of the goods is $900, and the cost of the goods is $590. Both companies use perpetual inventory systems. Journalize the transaction on the books of both companies. Journalize sales transactions

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