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Current Attempt in Progress On August 2 4 , Culver Corporation purchased inventory on account from Pronghorn Inc. The selling price of the goods is
Current Attempt in Progress
On August Culver Corporation purchased inventory on account from Pronghorn Inc. The selling price of the goods is $ and the cost of goods sold is $ Both companies use perpetual inventory systems. Record the above transactions on the books of both companies. List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select No Entry" for the account titles and enter for the amounts.
Culver Corporation Buyer:
Purchase of merchandise on account
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