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Need help with questions A retailer purchases merchandise with a catalog list price of $10,000. discount and credit terms of 2/10, n/30. account? a. $7,500

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A retailer purchases merchandise with a catalog list price of $10,000. discount and credit terms of 2/10, n/30. account? a. $7,500 b. $10,000 c. $9,800 d. $7,350 16. The retailer receives a 25% trade What amount should the retailer debit to the Merchandise Inventory

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