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On September 4, Roberta's Knickknacks Buys Merchandise on Account from Dolan

Question 202

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On September 4, Roberta's Knickknacks buys merchandise on account from Dolan Company. The selling price of the goods is $900 and the cost of goods is $600. Both companies use the perpetual inventory systems Journalize the transactions on the books of both companies.

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Roberta's ...

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