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A company using a periodic inventory system returned $300 of merchandise for credit and made a final payment to James on March 19. The document refers to journal entries related to purchases, returns, and remittances for a company that uses a periodic inventory system.

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ib = ifpenata=1 Journal Entries for Purchase, Return, and Remittance-Periodic System returned $300 of merchandise for credit. Final payment was made to james en March 19 , Horne Company wses the pesiodic inventory system. Required

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