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Question 24 0/30 pts Prepare the journal entries to record the following transactions on Branton Company's books using a perpetual inventory system. On March 2,
Question 24 0/30 pts Prepare the journal entries to record the following transactions on Branton Company's books using a perpetual inventory system. On March 2, Branton Company sold $914,000 of merchandise to Oriole a) Company, terms 3/10, n/30. The cost of the merchandise sold was $592,400. On March 6, Oriole Company returned $104,000 of the merchandise purchased on March 2. The cost of the merchandise returned was $64,400. On March 12, Branton Company received the balance due from Oriole Company
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