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A company purchased $10,000 of merchandise inventory from a vendor who offers credit terms of 2/10 n/30. The company uses the NET method of recording

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A company purchased $10,000 of merchandise inventory from a vendor who offers credit terms of 2/10 n/30. The company uses the NET method of recording purchases of merchandise. The company paid the vendor 30 days after receiving the invoice. What is the journal entry at time of payment

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