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A city places a purchase order for supplies for $50,000. The purchase order allows the supplier to ship additional supplies up to 5 percent of
A city places a purchase order for supplies for $50,000. The purchase order allows the supplier to ship additional supplies up to 5 percent of the quantity ordered. The city receives the supplies and an invoice for $51,500, and the invoice is approved for payment. With what amount should the city debit the Expenditures account? a. $50,000 b. $1,500 c. $0 d. $51,500
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