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Mart uses the perpetual inventory system to account for its merchandise. On May 1, it purchased $400 of merc y 3, X-Mart returned $50 of

Mart uses the perpetual inventory system to account for its merchandise. On May 1, it purchased $400 of merc y 3, X-Mart returned $50 of merchandise due to defect. Assuming that the purchase was paid for within the d ry for X-Mart to record the payment by selecting all of the correct actions below. (Check all that apply.)

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