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accoun Trent Ltd buys their inventory from Metro. They are allowed to buy on credit, but Metro offers a 10% discount when payment is made
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Trent Ltd buys their inventory from Metro. They are allowed to buy on credit, but Metro offers a 10% discount when payment is made within 2 days of purchases. On 13th May 2021, Trent Ltd purchased inventory valued at N$15,000, paid via EFT on the same day. In which book of original entry should this transaction be recorded? O a. Purchases journal o b. Cash book journal O c. Inventory tracking journal O d. General journalStep by Step Solution
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