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McKinley Company's inventory records for its retail division show the following at May 31: (Click the icon to view the accounting records.) At May 31,
McKinley Company's inventory records for its retail division show the following at May 31: (Click the icon to view the accounting records.) At May 31, 11 of these units are on hand. Read the requirements. Requirement 1. Journalize for McKinley total May purchases in one summary entry, under the perpetual system. All purchases were on credit. (Record debits first, then credits. Exclude explanations from an journal entries.) Date Journal Entry Accounts Debit Credit
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