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Prepare the journal entries that Sports R Us would record. Perpetual accounting! -Record the inventory purchased of $190,000 on account with terms 3/10, n/30. -Record

Prepare the journal entries that Sports R Us would record. Perpetual accounting!

-Record the inventory purchased of $190,000 on account with terms 3/10, n/30.

-Record the return of $2,000 unsatisfactory merchandise for which credit was given.

-Record the payment in full.

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