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On June 5 , a company purchases 250 units of inventory on account for $12 each, with terms 2/10,n/30. the company pays for the inventory

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On June 5 , a company purchases 250 units of inventory on account for $12 each, with terms 2/10,n/30. the company pays for the inventory on June 12. Required: 1. Record transactions for the purchase of inventory on account and payment on account using a perpetual system. 2. Assume payment is made on June 22. Record the payment on account assuming the company uses a perpetual inventory syste Complete this question by entering your answers in the tabs below. Record transactions for the purchase of inventory on account and payment on account using a perpetual system. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account fleld.) Journal entry worksheet

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