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Required information The following information applies to the questions displayed below.) Company A has the following transactions during July July 5 Purchases 46 LCD televisions

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Required information The following information applies to the questions displayed below.) Company A has the following transactions during July July 5 Purchases 46 LCD televisions on account from Company B for $2,800 each, terms 2/10, n/30 July 8 Returns to Company B six televisions that had defective sound. July 13 Pays the full amount due to company B. July 28 Sells remaining 40 televisions from July 5 for $3,300 each on account 2. Record the period-end adjustment to cost of goods sold on July 31, assuming the company has no beginning or ending inventory. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)

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