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ABC purchased $8,000 in merchandise from XYZ on 2-5-16 with terms 2/10/Net20. ABC paid for the merchandise on 2-12-16. What are ABC's journal entries for

ABC purchased $8,000 in merchandise from XYZ on 2-5-16 with terms 2/10/Net20. ABC paid for the merchandise on 2-12-16. What are ABC's journal entries for 2-5-16 and 2-12-16?

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