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Norfolk Sporting Goods purchases merchandise with a catalog list price of $21,000. Norfolk receives a credit terms of 2/10, n/30. What amount should Norfolk debit
Norfolk Sporting Goods purchases merchandise with a catalog list price of $21,000. Norfolk receives a credit terms of 2/10, n/30. What amount should Norfolk debit to the Inventory account? a $20,580 b.$29,400 c.$30,000 d. $21,000 D CB
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