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How do I journalize the following: Bought inventory from Outdoor T-Shirts on account, invoice #5455; 340 units at $52 each plus HST. Terms of the
How do I journalize the following:
Bought inventory from Outdoor T-Shirts on account, invoice #5455; 340 units at $52 each plus HST. Terms of the purchase were 4/10, net 30. Update the inventory table after each purchase. Bought inventory from Outdoor T-Shirts on account, invoice #5455; 340 units at $52 each plus HST. Terms of the purchase were 4/10, net 30. Update the inventory table after each purchase.
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