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HW Sce E5-22 (similar to) Due: Grooving Giving Gifn Shop uses a perpetual inventory systom. Jounalize the following transactions for Groeving Giving Gift Shop. Explanatio

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HW Sce E5-22 (similar to) Due: Grooving Giving Gifn Shop uses a perpetual inventory systom. Jounalize the following transactions for Groeving Giving Gift Shop. Explanatio Record debits first, then credits. Exclude explanations from jourmal entries. Assume the company records salos at the net amount. Round ell Current whole dollar.) (Cick the icon to view the transactions.) Feb.9 Paid freight bill of $100 on February 3 purchase. Late Su Debit Feb. 9 100 Feb. 10: Sold merchandise inventory on account for $4,500. Payment terms were 2/15, n/30. These goods cost the company $2.250 Begin by preparing the entry to jounalize the sale portion of the transaction. Do not record the expense related to the sale. We will do that in the OK Date Feb. 10 Accounts Receivable Sales Revenue Copyright 20 Choose from any list or enter any number in the input fields and then click Check Answer parts Clear All 25 MacBook Air 9 2 3 4

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