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Brief Exercise 5-14 Prepare the journal entries to record these transactions on Kimble Company's books using a periodic inventory system. (If no entry is required,

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Brief Exercise 5-14 Prepare the journal entries to record these transactions on Kimble Company's books using a periodic inventory system. (If no entry is required, select "No Entry for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) (a) (b) (e) On March 2, Kimble Company purchased $800,000 of merchandise from Poc Company, terms 2/10, n/30. On March 6, Kimble Company returned $95,000 of the merchandise purchased on March 2. on March 12, Kimble Company paid the balance due to Poe Company No. Date Account Titles and Explanation Debit Credit Click if you would like to Show Work for this question: Open Show Work

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