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Norfolk Sporting Goods purchases merchandise with a catalog list price of $12.530. The retailer receives a 31% trade discount and credit terms of 2/10,
Norfolk Sporting Goods purchases merchandise with a catalog list price of $12.530. The retailer receives a 31% trade discount and credit terms of 2/10, n/30. What amount should Norfolk debit to the Inventory account? Round your answer to the nearest whole dollar On. $12.530 Ob. 58.473 Oc. $16241 Od. 1646
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