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Business, 26.10.2019 04:43 bluetopaz447

Abuyer uses a periodic inventory system, and on december 7, it contacts a supplier to report that some of the merchandise it purchased on december 5 was defective. the supplier was unwilling to accept a return of that merchandise, but instead offered to reduce the price by $400. the buyer agreed to keep the defective merchandise under these terms. complete the buyer's necessary journal entry by selecting the account names and dollar amounts from the drop-down menus.

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Abuyer uses a periodic inventory system, and on december 7, it contacts a supplier to report that so...
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