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n Bonita's Market recorded the following events involving a recent purchase of merchandise: Received goods for $55000, terms 2/10,n/30. Returned $1000 of the shipment for
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Bonita's Market recorded the following events involving a recent purchase of merchandise: Received goods for $55000, terms 2/10,n/30. Returned $1000 of the shipment for credit. Paid $400 freight on the shipment. Paid the invoice within the discount period. As a result of these events, the company's inventory increased by Step by Step Solution
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