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W.J. Company uses the gross method of recording purchases of merchandise. It also uses the perpetual inventory system Transaction On June 10, W. J. Co.

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W.J. Company uses the gross method of recording purchases of merchandise. It also uses the perpetual inventory system Transaction On June 10, W. J. Co. purchased equipment on account from Equip Mint Company at a cost of $9,600 Required: (a) Select the appropriate special journal in which the transaction should be entered (b) Enter the transaction in that journal. O Purchases Journal O Cash Payments Journal O Geseral Journal

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