Dale purchased goods, list price $2 800, on credit from Jennie. Jennie offers Dale 20% trade discount

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Dale purchased goods, list price $2 800, on credit from Jennie. Jennie offers Dale 20% trade discount and a 2 1/2 % cash discount for prompt payment.

Which entry will Jennie make in her books of prime entry?

A. Purchases journal $2,184

B. Purchases journal $2,240

C. Sales journal $2,184

D. Sales journal $2,240

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Cambridge IGCSE And O Level Accounting Coursebook

ISBN: 9781316502778

2nd Edition

Authors: Catherine Coucom

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Question Posted: Sep 15, 2021 05:53 AM

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Dale purchased goods, list price $2 800, on credit from Jennie. Jennie offers Dale 20% trade discount

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Cambridge IGCSE And O Level Accounting Coursebook

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