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Knowledge Check 01 Roberto Company uses a perpetual inventory system. On December 1, the comparyy purchased $3,300 of merchandise for casht. Complete the following joumal
Knowledge Check 01 Roberto Company uses a perpetual inventory system. On December 1, the comparyy purchased $3,300 of merchandise for casht. Complete the following joumal entry by selecting the account names from the drop-down menus and entering the dollar amounts in the debit or credit columns. Knowledge Check 01 Credit terms of "2/10, n'60. means: the company will receive a 10 percent discount if poid within 60 days. the company will receive a 2 percent discount if paid wathin co days. the company will receive a 2 percent discount if paid within to days. the compary will recelve a 10 percent discount if paid wathin 2 days Knowledge Check 01 Credit terms of " 2/10,n/60 " means: the company will receive a 10 percent discount if paid within 60 days. the company will receive a 2 percent discount if paid within 60 days. the company will receive a 2 percent discount if paid within 10 days. the company will receive a 10 percent discount if paid within 2 days
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