O purchase discounts received 2000 o purchase returns

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oPurchase discounts received2,000oPurchase returns and allowances4,200oCosts of transportation-in4,800Required: 1. Prepare closing entries as of August 31, 2013 (the perpetual inventory system is used).
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Term
Summer
Professor
ROCC
Tags
Accounting, 1986, 1971, Generally Accepted Accounting Principles, 1944, 1970

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