Question: Question 3:3 points) Prepare the necessary journal entries to record the following transactions, assuming Hewitt Company uses a perpetual inventory system (a) Purchased $35.000 of

Question 3:3 points) Prepare the necessary journal entries to record the following transactions, assuming Hewitt Company uses a perpetual inventory system (a) Purchased $35.000 of merchandise on account, terms 2/10, 1/30 (1) Returned $500 of damaged merchandise for credit (c) Paid for the merchandise purchased within 10 days

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