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Dean Company regularly buys sweaters from Mill Company and is allowed a trade discount of 20% and 10% from a list price. Dean made a

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Dean Company regularly buys sweaters from Mill Company and is allowed a trade discount of 20% and 10% from a list price. Dean made a purchase on March 20 and received an invoice with a list price of P900,000, a freight charge of P50,000, and payment terms of net 30 days. Dean should report purchases at Choices: P698,000 P648,000 P680,000 P630,000

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