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Culver Ltd . had beginning inventory of 5 2 units that cost $ 1 0 2 each. During September, the company purchased 2 0 8
Culver Ltd had beginning inventory of units that cost $ each. During September, the company purchased units on account at $ each, returned units for credit, and sold on account units at $ each.
Prepare journal entries for the September transactions, assuming that Culver uses a perpetual inventory system.
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