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Prepare journal entries to record the transactions

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Question - Brickman Products engaged in the following transactions during June of the current year:

June 10 Sold goods on credit to, $5,000, terms 3/10 n/30.

The cost of the goods sold was $2,800.

18 Received payment from from June 10 sale.

20 Purchased goods on credit from, $10,500.

Prepare journal entries to record the above transactions assuming uses a perpetual inventory system.

Reference no: EM132595594

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