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Question 18 of 27 -11 Tii On October 5. Culturber Company buys merchandise on account from Crane Company. The selling price of the goods is

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Question 18 of 27 -11 Tii On October 5. Culturber Company buys merchandise on account from Crane Company. The selling price of the goods is $5.200, and the cost to Crane Company is $3.120. On October 8, Cullumber returns defective goods with a selline price of $ 668 and a scrap value of $ 252 Use a tabular summary to record the transactions for Cullumber Companiy using a perpetual inventory system. Include margin txplanations for the changes in revenues and expenses (Enter negative amounts using either a negative sin preceding the numberes 45 or parentheses es (451 Assets Liabilities Date Cash Inventory Accounts Payable Common Oct 5 5 5 $ Qu QUE pe here to see o E 74FM DOLL ar F NET Z B M alt Question 18 of 27 or parentheses es: (451) Stockholders' Equity Retained Earnings Rev Exp. Div. eTextbook and Media List of Accounts Attempts of 4 used Submit Type here to search o DOLL w R Cash S D E C B N M alt

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