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Exercise 5 - 8 Recording purchases, purchases returns, and purchases allowances P 1 Refer to B Exercise 5 - 6 and prepare journal entries for
Exercise Recording purchases, purchases returns, and purchases allowances P
Refer to Exercise and prepare journal entries for Macy Co to record each of the May transactions. Macy is a retailer that uses the
gross method and a perpetual inventory system; it purchases these units for resale.
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