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CDE5 Recording Transactions for the Buyer and Seller (4)CDE5. Lois Long received $300 of merchandise from Blue Co. What would be the journal entry on

CDE5

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Recording Transactions for the Buyer and Seller (4)CDE5. Lois Long received $300 of merchandise from Blue Co. What would be the journal entry on the books of both the buyer and the seller? The cost of the inventory sold was $225. Business transactions of both the buyer and the seller

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