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Preston Office Furniture Uses the Periodic Inventory System and the Gross

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Preston Office Furniture uses the periodic inventory system and the gross method of accounting for sales.It had the following transactions during the month of May:
Preston Office Furniture uses the periodic inventory system and the gross method of accounting for sales.It had the following transactions during the month of May:    Prepare the required journal entries that Preston Office Furniture must make to record these transactions. Prepare the required journal entries that Preston Office Furniture must make to record these transactions.

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