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MC Qu. 27 LO 02-02 Ace Bonding Company... Ace Bonding Company purchased merchandise inventory on account. The inventory costs $2,300 and is expected to sell

MC Qu. 27 LO 02-02 Ace Bonding Company... Ace Bonding Company purchased merchandise inventory on account. The inventory costs $2,300 and is expected to sell for $3,600. How should Ace record the purchase

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