Journalize the following assumed transactions for Shoppers Drug Mart Corporation. Show amounts in millions. Cash purchases
Question:
• Cash purchases of inventory, $3,900 million
• Sales on account (including credit cards), $19,400 million
• Cost of goods sold (perpetual inventory system), $4,200 million
• Collections on account, $18,900 million
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Related Book For 
Financial Accounting
ISBN: 978-0133472264
5th Canadian edition
Authors: Charles Horngren, William Thomas, Walter Harrison, Greg Berberich, Catherine Seguin
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