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Journalize the buyers journal ENTRIES 1. Buyers Journal Entries--January 1, 2017, ABC company sold merchandise on account, $12,100 with terms 2/10, n/30. The cost of

Journalize the buyers journal ENTRIES

1. Buyers Journal Entries--January 1, 2017, ABC company sold merchandise on account, $12,100 with terms 2/10, n/30. The cost of the merchandise sold was $7,000. On January 7, 2017, ABC company received payment full payment less the discount.

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