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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 52 units that cost $102 each. During September, the company purchased 208 units on account at $102 each, returned 7 units for credit, and sold on account 152 units at $202 each.
Prepare journal entries for the September transactions, assuming that Culver uses a perpetual inventory system.

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