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Journalize each of the following transactions assuming a perpetual inventory system. ( If no entry is required for a transaction / event , select
Journalize each of the following transactions assuming a perpetual inventory system. If no entry is required for a transactionevent select No journal entry required" in the first account field. FebPurchased $ of merchandise inventory; terms nPurchased for cash $ of merchandise inventory. Purchased $ of merchandise inventory; terms nPurchased $ of office supplies; terms nContacted a major supplier to place an order for $ of merchandise in exchange for a trade discount to be shipped on April FOB destination. Paid for the merchandise purchased on February Paid for the office supplies purchased on February MarPaid for the February purchase.
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