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Digital Company purchased merchandise for resale with a total invoice price of $142,500. The shipping terms were F.O.B. shipping point and the trucking company charged
Digital Company purchased merchandise for resale with a total invoice price of $142,500. The shipping terms were F.O.B. shipping point and the trucking company charged $8,300 for transportation. Prepare the entry(ies) to record the purchase assuming cash was paid.
Account Names | DR | CR | |
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