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Score: 0 of 2 pts 18 of 36 (34 completa) HW Score: 92%, by or S9-1 (similar to) Question Help Kingston Sports Authority purchased inventory

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Score: 0 of 2 pts 18 of 36 (34 completa) HW Score: 92%, by or S9-1 (similar to) Question Help Kingston Sports Authority purchased inventory costing $25,000 by signing a 10% short-term note payable. The purchase occurred on February 28, 2014. Kingston pays annual interest each year on February 28. Jourmalize the company's (a) purchase of inventory () accrual of internal expense on November 30, 2014, which is the year end, and payment of the note plus interest on February 28, 2015. (Round your ans bo the nearest whole number) (d) Show what the company would report on to balance sheet at November 30, 2014, and on its income statement for the year ended on that date (Record debts first, then credits. Exclude explanations from any oumal entries.) (a) Joumalize the company's purchase of inventory Journal Entry Accounts Debit Credit 2014 February 28 Choose from any list or enter any number in the input fields and then click Check

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