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Business, 24.03.2020 18:08 sduihasoj1703

On June 1, Neighbor Company purchased inventory on account with a cost of $3,000. The credit terms were 3/10, net 30. On June 2, Neighbor returned 50 percent of the inventory. Neighbor uses the perpetual inventory system. On June 8, Neighbor paid for the inventory. What journal entry did Neighbor Company prepare on June 8?

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On June 1, Neighbor Company purchased inventory on account with a cost of $3,000. The credit terms w...
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