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On October 5, Pioneer Advertising Inc. purchases, for $25,000 on account, an estimated 3-month supply of advertising materials from Aero Supply Company. An inventory count
On October 5, Pioneer Advertising Inc. purchases, for $25,000 on account, an estimated 3-month supply of advertising materials from Aero Supply Company. An inventory count at the close of business on October 31 reveals that $10,000 of the advertising supplies are still on hand
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