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dic system 8-3 -8 ase return; tual system A company purchased inventory on account for $250,000. The company returned $20,000 of the inventory to the
dic system 8-3 -8 ase return; tual system A company purchased inventory on account for $250,000. The company returned $20,000 of the inventory to the supplier for credit. Record (1) the purchase of inventory on account and (2) the purchase return, assuming the company uses a perpetual inventory system
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