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9 Software Update 2pts are site and wi %252Fbb.csuvastbay.edu%2 Saved Help Save & Exit Submit Check my work Part 2 of 2 5.55 points eBook
9 Software Update 2pts are site and wi %252Fbb.csuvastbay.edu%2 Saved Help Save & Exit Submit Check my work Part 2 of 2 5.55 points eBook Hint Required information. Exercise 8-10 (Algo) Purchase discounts; the net method [LOB-3] [The following information applies to the questions displayed below] On July 15, 2021, the Nixon Car Company purchased 1,100 tires from the Harwell Company for $50 each. The terms of the sale were 3/10, n/30. Nixon uses a perpetual inventory system and the net method of accounting for purchase discounts Exercise 8-10 (Algo) part 3 3. If Nixon instead uses a periodic inventory system, explain any changes to the journal entries created in requirements 1 and 2. Print References The July 15 entry would include a debit to the account instead of to
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