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n.com work QS 4-7 Recording purchases and discounts missed LO P1 Prepare journal entries to record each of the following transactions. The company records purchases

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n.com work QS 4-7 Recording purchases and discounts missed LO P1 Prepare journal entries to record each of the following transactions. The company records purchases using the gross method and a perpetual inventory system Sept. 15 Purchased merchandise with an invoice price of $62,500 and credit teras of s/5, n/is. Sept. 29 raid suppller the anount aved on the September 15 purchase View transaction ist Journal entry worksheet Purchased merchandise with an invoice price of $62,500 and credit terms of S/5, n/15. Nobe: Enter debits before credits View general jaurml Next

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