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Bonazza uses the perpetual inventory system and the gross method of accounting for purchase discounts. On December 2 , Bonazza purchased $ 4 0 ,

Bonazza uses the perpetual inventory system and the gross method of accounting for purchase discounts. On December 2, Bonazza purchased $40,000 of inventory items, term 2/10, net 30 FOB shipping point. On December 10, Bonazza paid for the goods and related freight costs of $1,200.
Please journalize the transaction.

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