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show the calculations and make entries for above transaction The followings are the merchardise transactions happened under perpetual imventory system: 1) Nov1 Business sold 57560

show the calculations and make entries for above transaction
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The followings are the merchardise transactions happened under perpetual imventory system: 1) Nov1 Business sold 57560 inventory to Tim's inc, the cost is 53200 . Terms, 2/5, n/15 FOB 2) Nov1 Business purchased 55,250 of inventofy from ICC Inc. Terma 3/10, n/20 fo8 3) Nov2. Business paid delviery $450 for the leventory sales to Tim's inc. 4] Nov3 Business purchased 53310 of irventory from LGCs inc paid in cash 5) Nov4. Business issued a debit memo to TTC's inc, and retumed delective 5525 inventory bsck to TrCs ine 6) Nov6 Buriness Received Tim's Inc's money 7) Nove business sold inventory 37730 icost 52350 ) to th ts Ud. Terms 1/5, n/10. FOB B) Noit business paid the Tres incy in full 5) Nov30 Recelved TST's Lta money in full: Please make entries for the above transactions. If there is any colculation related entry, please also show the detailed calculations

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