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Prepare journal entrles to record the following merchandising transactions of Lowe's, which uses the perpetual Inventory system and the gross method. Journal entry worksheet 4

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Prepare journal entrles to record the following merchandising transactions of Lowe's, which uses the perpetual Inventory system and the gross method. Journal entry worksheet 4 5 6 7 8 16 Purchased merchandise from Aron Company for $7,500 under credit terms of 1/10,n/30,FOB destination, invoice dated August 1. Note: Enter debits before credits

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