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A company purchases inventory on May 10th for $800 and pays for it on May 15th in accordance with the terms of the invoice, which
A company purchases inventory on May 10th for $800 and pays for it on May 15th in accordance with the terms of the invoice, which were 2/10, net 30. What is the correct entry on May 15th to record the payment?
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Sound Investing, Chapter 10 - One-Time Charges And Other Format Fakes
Authors: Kate Mooney
2nd Edition
0071719326, 9780071719322
