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Alison's dress shop buys dresses from McGuire Manufacturing. Alison purchased dresses from McGuire on July 17 and received an invoice with a list price amount
Alison's dress shop buys dresses from McGuire Manufacturing. Alison purchased dresses from McGuire on July 17 and received an invoice with a list price amount of $5,900 and payment terms of 1/10, n/30. Alison uses the net method to record purchases. Alison should record the purchase at:
Multiple Choice
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$5,959.
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$2,920.
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$5,900.
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$5,841.
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