Question
*************************************** Here is the problem: Paul's Musical Instrument Company and Sally's Manufacturing Company engaged in the following transactions with each other during March 2020: Mar.
*************************************** Here is the problem: Paul's Musical Instrument Company and Sally's Manufacturing Company engaged in the following transactions with each other during March 2020:
Both the buyer and the seller use the periodic inventory method.
Required: Prepare the journal entries for the buyer and the seller. *****************************************
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