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Slinky 3/10, n/30. Slinky uses the net method for recording purchases and uses a perpetual...

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Accounting

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Slinky 3/10, n/30. Slinky uses the net method for recording purchases and uses a perpetual inventory system Company purchased merchandise on June 10, 2016, at a price of $21,000, subject to credit terms of Required: 1. Prepare the journal entry to record the purchase. (If no entry is required for a transactionlevent, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the purchase of merchandise Note: Enter debits before credits. Date General Journal Debit Credit June 10, 2016 Record entry Clear entry View general journal

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