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Emma Co. sold Isabella Co. merchandise on account FOB shipping point, 2/10, net 30, for $25,000. Emma Co. prepaid the $500 shipping charge. Using the

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Emma Co. sold Isabella Co. merchandise on account FOB shipping point, 2/10, net 30, for $25,000. Emma Co. prepaid the $500 shipping charge. Using the perpetual inventory method, which of the following entries will Isabella Co make if Isabella Co. pays within the discount period? Accounts Payable-Emma Co., debit $25,000; Freight In, credit $500; Cash, credit $24,500 Accounts Payable-Emma Co., debit $25,500; Merchandise Inventory, credit $500; Cash, credit $25,000 Accounts Payable-Emma Co., debit $25,000; Freight In, debit $500; Cash, credit $25,500 Accounts Payable-Emma Co., debit $25,500; Merchandise Inventory, debit $500; Cash, credit $26,000 RO A NOV 21 MacBook Pro If the seller is to pay the freight costs of delivering merchandise, the delivery terms are stated as FOB shipping point FOB destination FOB n/30 FOB seller 2 NOV 21 MacBook Pro

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