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Oliver Inc., which uses the perpetual inventory system, buys and sells merchandise inventory On May 30, Oliver sold inventory for $4,800 on account. The original

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Oliver Inc., which uses the perpetual inventory system, buys and sells merchandise inventory On May 30, Oliver sold inventory for $4,800 on account. The original cost of this inventory was $2,000. Required: In the journal below, record this transaction. Do not include decimals or cents in the numerical response Date Debit Credit May 30

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