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Prepare journal entries to record the following merchandising transactions of Margin Company,which applies the perpetual inventory system and the gross method of recording invoices.Margin Company offers all of its credit customers credit terms of 2/10,n/30.
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Good Health
A state of complete physical, mental, and social well-being, not merely the absence of disease or infirmity.
Innate Reactions
Natural, instinctual responses present at birth that do not have to be learned, such as reflexes or basic drives.
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