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10 1 points 02:43:24 eflock Print References A buyer purchased merchandise from a seller with credit terms 3/30, n/90 and an invoice price of $15,300.
10 1 points 02:43:24 eflock Print References A buyer purchased merchandise from a seller with credit terms 3/30, n/90 and an invoice price of $15,300. The merchandise had cost the seller $10,435. Both the buyer and seller use a perpetual inventory system and the gross method. Enter answers in the tabs below. Required 1 Required 2 Record entries that the buyer makes for the (a) purchase, (b) cash payment within the discount period, and (c) cash payment after the discount period. View transaction list Journal entry worksheet 2 3 Record the entry the buyer makes for the purchase. Note: Enter debits before credits Transaction General Journal Debit Credit Check 10 A buyer purchased merchandise from a seller with credit terms 3/30, n/90 and an invoice price of $15,300. The merchandise had cost the seller $10,435. Both the buyer and seller use a perpetual inventory system and the gross method. Enter answers in the tabs below. 02:42:54 Book Print Required 1 Required 2 Record entries that the buyer makes for the (a) purchase, (b) cash payment within the discount period, and (c) cash payment after the discount period. View transaction list Journal entry worksheet
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