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Journal entry 1-7 Journal entry 1-5 . Allied Merchandisers was organized on May 1. Macy Company is a major customer (buyer) of Allied (seller) products.

Journal entry 1-7 Journal entry 1-5 . Allied Merchandisers was organized on May 1. Macy Company is a major customer (buyer) of Allied (seller) products. May 3 Allied made its first and only pu...

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