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Reineman Supply Company uses a periodic inventory system. During September, the following transactions and events occurred. sept. 3. Purchased 90 backpacks at $25 each from
Reineman Supply Company uses a periodic inventory system. During September, the following transactions and events occurred.
sept. 3. Purchased 90 backpacks at $25 each from Zuzu company, terms 2/10, n/30
sept. 6 Received credit of $150 for the return of 6 backpacks purchased on sept. 3 that were defective
sept. 9. sold 15 backpacks for $42 each to Bailey books, terms n/10, n/30
sept. 13. paid Zuzu company in full
journalize the September transactions for Reineman Supply Company.
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