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A corporation which uses a perpetual inventory system. purchased on account $3,000 of merchansie on May 8th. Credit terms were 2/10, n/30. The company
A corporation which uses a perpetual inventory system. purchased on account $3,000 of merchansie on May 8th. Credit terms were 2/10, n/30. The company returned $500 of the merchandise on May 11th. The company paid off the bill on May 16th. The amount credited to inventory to record the payment would equal $expressed in whole dollars Numeric Response
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