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comfort company purchased 100 units of inventory on 11/17/2024. the units have a list price of $500 each but comfort was given a 30% trade
comfort company purchased 100 units of inventory on 11/17/2024. the units have a list price of $500 each but comfort was given a 30% trade discount. the terms of the sale were 2/10, n/30. Comfort uses a perpetual inventory system.
prepare the journal entry to record the purchase by Comfort
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