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5:16 AM On May 1, a company purchased inventory costing $3,000 on account with terms 3/10, n/30. On May 8, the company pays for this
5:16 AM On May 1, a company purchased inventory costing $3,000 on account with terms 3/10, n/30. On May 8, the company pays for this inventory - what journal entry would they make to record this payment? 1. 2. 3. Accounts Payable 3,000 Cash 3,000 Accounts Payable 2,910 Inventory 90 Cash 3,000 Accounts Payable 3,000 Inventory 90 Cash 2,910 Cash 3,000 Accounts Payable 3,000 4. 5:18 AM
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