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Marigold Company made a purchase of merchandise on credit from Ivanhoe Company on August 8, for $8200, terms 2/10, n/30. On August 17, Marigold makes

Marigold Company made a purchase of merchandise on credit from Ivanhoe Company on August 8, for $8200, terms 2/10, n/30. On August 17, Marigold makes the appropriate payment to Ivanhoe. The entry on August 17 for Marigold Company using a perceptual inventory system is

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