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ABC Co. purchases merchandise inventory for $500 under credit terms 2/10, n/30. Which of the following would be credited in the journal entry to

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ABC Co. purchases merchandise inventory for $500 under credit terms 2/10, n/30. Which of the following would be credited in the journal entry to record this purchase? Oa. Merchandise Inventory $500 Ob. Accounts Payable $500 Oc. Merchandise Inventory $490 Od. Accounts Payable $490

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