On January 3 , Omega Inc. purchased goods on account from Sigma Corporation for $ 1 ,
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On January Omega Inc. purchased goods on account from Sigma Corporation for $ The cost to Sigma Corporation for the goods was $ Sigma estimates no returns.
Assume both companies use a perpetual inventory system, prepare the appropriate journal entries for exclude the common in the number format ie:
Omega Inc.
January
DR
Sigma Corporation
January
DR
to record the sale of goods
DR
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