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Bingerton Industries uses a perpetual inventory system. The company began the year with inventory of $89,000. Purchases of inventory on account during the year totaled $314,000. Inventory costing $339,000 was sold on account for $528,000.

Required:
Record transactions for the purchase and sale of inventory.

User Brea
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Answer: D)

Explanation: D)

User Onderbewustzijn
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