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112. The entry to record a purchase of $12,000 in merchandise assuming terms of 2/10, nl30 and a periodic inventory system would include a(n) &

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112. The entry to record a purchase of $12,000 in merchandise assuming terms of 2/10, nl30 and a periodic inventory system would include a(n) & increase to Accounts Payable for $12,000. B. increase to Purchases Discounts for $240. C. decrease to Purchases for $12,000. D. decrease to Accounts Payable for $11,760

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