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A company that uses the perpetual inventory system purchases inventory for $63,000 on account, with terms of 3/10, n/30. Which of the following is the
A company that uses the perpetual inventory system purchases inventory for $63,000 on account, with terms of 3/10, n/30. Which of the following is the journal entry to record the payment made within 3 days? a debit to Accounts payable for $63,000, a credit to Merchandise Inventory for $1, 890, and a credit to Cash for $61, 110 a debit to Merchandise Inventory for $1, 890, a debit to Accounts Payable for $63,000, and a credit to Cash for $64, 890. a debit to Accounts Payable for $61, 110, a debit to Merchandise Inventory for $1, 890, and a credit to Cash for $63,000. a debit to Accounts payable for $64, 890 and a credit to Cash for $63,000 and a debit to Merchandise Inventory for $1, 890
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