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Cullumber Co. records purchases at net amounts and uses periodic invertories. Prepare entries for the following (List afl debit entries entries in the onder presented
Cullumber Co. records purchases at net amounts and uses periodic invertories. Prepare entries for the following (List afl debit entries entries in the onder presented in the problent) June 11 Purchased merchandise on account, $12,500 tsrms 3/10,n/30. 15 Returnsd part of June 11 purchase 5800 , and recelved credit on account. 30 Prepared the adjusting entry required for financial statemenes
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