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Journal entries in a perpetual inventory system

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Question - Journal entries in a perpetual inventory system - Returned one of the mixers to Kzinski because it was damaged during shipping. Kzinski issues JP Investments Ltd. credit for the cost of mixer plus $20 for the cost of freight that was paid on January 6 for one mixer. 8 Collected $375 of the accounts receivable from December 2020.

Reference no: EM133039960

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