4. Aurangzeb Company uses a perpetual inventory system. During May, the following transactions and events...
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4. Aurangzeb Company uses a perpetual inventory system. During May, the following transactions and events occurred. (2 Marks) May 13 Sold 8 motors at a cost of $45 each to Scruffy Brothers Supply Company, terms 4/10, n/30. The motors cost Charlie $26 cach. May 16 One defective motor was returned to Aurangzeb
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