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Problem 5-1A Journal entries for merchandising activities-perpetual LO3 CHECK FIGURE: 2c. $5,960 Part 1 Prepare general journal entries to record the following perpetual system

Problem 5-1A Journal entries for merchandising activities-perpetual LO3 CHECK FIGURE: 2c. $5,960 Part 1 Prepare general journal entries to record the following perpetual system merchandising transactions of Belton Company. Use a separate account for each receivable and payable; for example, record the sale on June 1 in Accounts Receivable-Avery & Wiest. An asterisk (*) identifies assignment material based on Appendix 5A or Appendix 5B.

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