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TB EX Qu. 6-226 (Static) A company has the following transactions... A company has the following transactions during March: March 3 Purchases inventary on eccount

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TB EX Qu. 6-226 (Static) A company has the following transactions... A company has the following transactions during March: March 3 Purchases inventary on eccount for $3,500, terms 2/10,n/30. March 5 Pays freight costs of $260 on inventory purchased on March 3. March 6 Returns inventory with a cost of $900. March 12 Pays the full amount due on Mareh 3 purchase. March 29 Sells al1 inventory purchased on March 3 (1ess those returned on March 6 ) for 35,000 an account. Record all transactions, assuming the company uses a perpetual inventory system. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first occount field.)

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