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From Inventory Expense I can see Sale transaction to Axone Industries but why doesn't it appear on Sales report?

The problem is in Main report variant of Sales report. Filters for this variant are enabled by default while they should to be disabled. Thus the report is filtered by empty Entity, Item and Customer order. You can see this by clicking Settings button on the right of the report form.
See the screenshot.
The fixed report is attached too.

Nice...thanks a lot