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Rite Shoes was involved in the transactions described below. 1. Purchased $8,400 of inventory on account 2. Paid weekly salaries, $940. 3. Recorded sales for

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Rite Shoes was involved in the transactions described below. 1. Purchased $8,400 of inventory on account 2. Paid weekly salaries, $940. 3. Recorded sales for the first week Cash: $7.300, On account: $5,500. 4. Paid for inventory purchased in event (1). 5. Placed an order for $6.400 of inventory. Required: Prepare the appropriate journal entry for each transaction. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet

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