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Business, 25.02.2020 06:11 prettygirllniyiaa

Purchases were made on account on August 5th in the amount of $100,000 with terms of 1/10, n/30. The bill was paid on August 14th. In a perpetual inventory system the journal entry to record the payment would include

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Purchases were made on account on August 5th in the amount of $100,000 with terms of 1/10, n/30. The...
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