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Marshall Brothers use the perpetual inventory system and the gross method of accounting for purchases. Prepare journal entries for the following transactions that occurred during

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Marshall Brothers use the perpetual inventory system and the gross method of accounting for purchases. Prepare journal entries for the following transactions that occurred during the month of October: October 8: Purchased $42,000 of inventory from Tyler Corporation with payment terms 5/10,n/45. October 11: Returned $2,600 of inventory to Tyler Corporation. October 17: Paid Tyler Corporation the amount due less the inventory return

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