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Accounting transaction question: Purchase merchandise from D. Omara $18,000, terms 1/10, n/30; S. Hoyt $14,200, terms 2/10, n/30; and S. Vogel $1,500, terms n/30. How

Accounting transaction question: Purchase merchandise from D. Omara $18,000, terms 1/10, n/30; S. Hoyt $14,200, terms 2/10, n/30; and S. Vogel $1,500, terms n/30.

How would you record this? Also, Credit sales terms are 2/10, n/30. The cost of all merchandise sold was 62% of the sales price.

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