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Purchase Orders

Inventory Item Purchased

Inventory item is purchased for 70$ and received into inventory.

Journal entry for an inventory item purchase

Inventory Item Returned to Vendor

A $70 inventory item is returned to the vendor.

Journal entry for an inventory item returned to the vendor

Non-Inventory Item Purchased

A non-inventory item is purchased for 70$ and received.

Journal entry for a non-inventory item purchase

Miscellaneous Item Purchased

A miscellaneous item is purchased for $70 and fulfilled.

Journal entry for a miscellaneous item purchase