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Business, 16.10.2019 21:30 TylieW

Acompany uses a periodic system to record inventory transactions. the company purchases inventory on account on february 9, 2021, for $52,000 and then sells this inventory on account on march 7, 2021, for $73,000. record the transactions for the purchase and sale of the inventory. (if no entry is required for a particular transaction/event, select "no journal entry required" in the first account field.)

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