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Beds Unlimited received a shipment of bed sheets on April 3,2018. The value of the bed sheets was 8000 and the sheets were shipped FOB

Beds Unlimited received a shipment of bed sheets on April 3,2018. The value of the bed sheets was 8000 and the sheets were shipped FOB shipping point. Freight charges came to 100. Prepare the journal entry to record the receipt of goods by Beds Unlimited, assuming payment will be made in May, using the perpetual inventory system

Date Account Title and Explanation Debit Credit

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