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A lumber supplier delivered lumber supplies to J.K. Builders for future use. The lumber supplies would have normally sold for $18,000, but the supplier gave
A lumber supplier delivered lumber supplies to J.K. Builders for future use. The lumber supplies would have normally sold for $18,000, but the supplier gave J.K. Builders a 10 percent discount. J.K. Builders has not yet received the $16,200 bill from the supplier. Record the transaction.
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