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Make the journal entries to record each transaction

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Question - On July 13, Ainsley Co. orders inventory with an invoice price of $20,000, FOB destination. On July 17, the goods and invoice are received. On July 21, Ainsley pays the invoice in full. On July 30, the inventory is sold on account for $30,000. Make the journal entries to record each transaction under the perpetual method.

Reference no: EM133175939

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