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Acme Service Industries purchases merchandise on account from Ace, Inc., terms 2 / 1 0 , n / 3 0 . Acme and Ace both

Acme Service Industries purchases merchandise on account from Ace, Inc., terms 2/10, n/30. Acme and Ace both use periodic inventory systems. If the invoice is paid within the discount period, Acme will debit
Select answer from the options below
Inventory.
Purchases.
Purchases Discounts.
Cash.

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