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Question 1 1 of 1 1 View Policies Current Attempt in Progress On August 3 1 , Ivanhoe Supply had an inventory of 2 0
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On August Ivanhoe Supply had an inventory of backpacks at a cost of $ each. The company uses a perpetual inventory system. During September, the following transactions and events occurred:
Sep. Purchased backpacks at $ each from Janzen, terms Received a quantity discount.
Received credit of $ for the return of four backpacks purchased on September that were defective.
Paid for the September purchase.
Sold backpacks for $ each to McGill Books, terms The cost of each backpack was $ each.
Cash sales of backpacks for $ each to Calvin Office Supply.
Purchased backpacks at $ each from Coleman Company, terms
A physical inventory count indicated an ending inventory balance of $
Journalize the September transactions for Stanton Supply, using a perpetual inventory system. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select No Entry" for the account titles and enter for the amounts. List all debit entries before credit entries.
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