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Dean Grocers purchased goods with a list price of $50,000, subject to trade discount of 10%, with a 2% cash discount if payment is made

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Dean Grocers purchased goods with a list price of $50,000, subject to trade discount of 10%, with a 2% cash discount if payment is made within 10 days on the invoice date. Dean uses the gross method for recording purchases. Transportation charges on the purchase were $300. Dean should record the cost of this transaction as: $50, 300 $45, 300 $44, 400 $44, 100

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