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Instructions: a. Based on the Inventory System you recommended from Chapter 6 for your assigned company, prepare either a Perpetual Purchase of Merchandise entry or

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Instructions: a. Based on the Inventory System you recommended from Chapter 6 for your assigned company, prepare either a Perpetual Purchase of Merchandise entry or a Periodic Recording Purchases of Merchandise journal entry using any date, description and dollar valuation you like. [5] Perpetual Description: Periodic Date Description: Page 1 of 6

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