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Record transactions for the purchase

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Question - Stanley Electronics purchases 200 units of inventory on account for $20 each. After closer examination, Stanley determines 30 units are defective and returns them to its supplier for full credit on June 9. All remaining inventory is sold on account on June 16 for $30 each. Record transactions for the purchase, return, and sale of inventory using a perpetual system.

Reference no: EM133155236

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