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Conquest Company uses a perpetual Inventory system. Conquest purchased $1,500 of merchandise on account and payment was made within the discount period. The credit terms

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Conquest Company uses a perpetual Inventory system. Conquest purchased $1,500 of merchandise on account and payment was made within the discount period. The credit terms were 2/10, 1/30. Journalize Conquest's (a) purchase and (b) payment. It an amount box does not require an entry, leave it blank a. b

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