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Question 4 fof 16) 4. 6.25 points EX Qu. 205 A company has the following transactions... A company has the following transactions during March: March

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Question 4 fof 16) 4. 6.25 points EX Qu. 205 A company has the following transactions... A company has the following transactions during March: March 3 Purchases inventory on account for $3,900, terms 4/10, n/30 March 5 Pays freight costs of $230 on inventory purchased on March 3 March 6 Retuns inventory with a cost of $500 March 12 Pays the full amount due on March 3 purchase. March 29 Sels all inventory purchased on March 3 (less those returned on March 6) for $5,900 on account Record all transactions, assuming the company uses a perpetual inventory system. (f no entry is required for a transactionlevent, select "No journal entry required in the irst account ield.) Journal entry worksheet Purchases inventory on account for $3,900, terms 4/10, n/3o. Note: Enter debits before crecits. Manch 03 Clear entry View general journal Record entry References Difficuity 3 Hard Exercise

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