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26. Ben purchased supplies from Scarlett, receiving an invoice dated Dec 1 2014 for $2,000 with 2/20, 1/60. Required: Use the net method of recording
26. Ben purchased supplies from Scarlett, receiving an invoice dated Dec 1 2014 for $2,000 with 2/20, 1/60. Required: Use the net method of recording purchase, complete the following: 1) Record the purchase of the inventory 2) Record the payment of the invoice within the discount period 3) Record the payment of the invoice after the discount period
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