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Journalize the foilowing, assumed transactions for The Debson Company. Show amounts in millions. a. Gash purchases of inventory, $3.6 million b. Sales on account, $19.5
Journalize the foilowing, assumed transactions for The Debson Company. Show amounts in millions.
a. Gash purchases of inventory, $3.6 million
b. Sales on account, $19.5 million
c. Cost of goods sold (perpetual inventory system), $4.8 million
d. Collections on account, $19.1 million
d. Collections on account, $19.1 million
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