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Marigold Company uses a perpetual inventory system made a purchase of merchandise on credit from Ivanhoe Corporation on August 3, for $8200, terms 3/10, n/45.

Marigold Company uses a perpetual inventory system made a purchase of merchandise on credit from Ivanhoe Corporation on August 3, for $8200, terms 3/10, n/45. On August 10, Marigold makes the appropri...

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