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A company buys merchandise costing $24800 with terms of 2/15 n/30. The entry to the merchandise inventory account, assuming the discount is taken will be:
A company buys merchandise costing $24800 with terms of 2/15 n/30. The entry to the merchandise inventory account, assuming the discount is taken will be:
- $0
- $245.
- $450.
- $490.
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International Financial Reporting Standards An Introduction
Authors: Belverd Needles, Marian Powers
2nd edition
053847680X, 978-1111793234, 1111793239, 978-0538476805
