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Business, 11.02.2020 17:04 police76

Assume the perpetual inventory method is used.1) The company purchased $13,700 of merchandise on account under terms 3/10, n/30.2) The company returned $3,200 of merchandise to the supplier before payment was made.3) The liability was paid within the discount period.4) All of the merchandise purchased was sold for $21,400 cash.

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Assume the perpetual inventory method is used.1) The company purchased $13,700 of merchandise on acc...
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