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Taylor Bicycle Store had an inventory

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Taylor Bicycle Store had an inventory On October 1, Taylor Bicycle Store had an inventory of 20 ten speed bicycles at a cost of $200 each. During the month of October, the following transactions occurred. Oct. 4 Purchased 30 bicycles at a cost of $200 each from Mann Bicycle Company, terms 2/10, n/30. 6 Sold 18 bicycles to Team America for $300 each, terms 2/10, n/30. 7 Received credit from Mann Bicycle Company for the return of 2 defective bicycles. 13 Issued a credit memo to Team America for the return of a defective bicycle. 14 Paid Mann Bicycle Company in full, less discount. Instructions Prepare the journal entries to record the transactions assuming the company uses a perpetual inventory system. Business Management Assignment Help, Business Management Homework help, Business Management Study Help, Business Management Course Help

Taylor Bicycle Store had an inventory

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