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3. Purchase of merchandise on account with return of merchandise. a. Merchandise is purchased on account, credit terms 2/10,n/30,$3,500. b. Merchandise is returned for credit
3. Purchase of merchandise on account with return of merchandise. a. Merchandise is purchased on account, credit terms 2/10,n/30,$3,500. b. Merchandise is returned for credit before payment is made, $500. c. Payment is made within the discount period
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