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SUBJECT: ACCOUNTING The owner got some goods costing P450 but priced to sell for P500 to be given as a gift to a friend. What
SUBJECT: ACCOUNTING
The owner got some goods costing P450 but priced to sell for P500 to be given as a gift to a friend. What is the journal entry based on perpetual systemStep by Step Solution
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In a perpetual inventory system the journal entry for the transaction where the owner purchases good...Get Instant Access to Expert-Tailored Solutions
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Engineering Economic Analysis
Authors: Donald Newnan, Ted Eschanbach, Jerome Lavelle
9th Edition
978-0195168075, 9780195168075
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