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The Following Are Selected Transactions of Drcman, Inc

Question 87

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The following are selected transactions of Drcman, Inc.:
The following are selected transactions of Drcman, Inc.:    Record the above transactions in general journal form as they would appear on the books of (a) Drcman, Inc. and (b) Linley, Inc. Linley, Inc. records purchases at invoice price. Both companies use the periodic inventory system. Omit explanations for the journal entries. Record the above transactions in general journal form as they would appear on the books of (a) Drcman, Inc. and (b) Linley, Inc. Linley, Inc. records purchases at invoice price. Both companies use the periodic inventory system. Omit explanations for the journal entries.

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