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Nov 1: Purchased inventory costing $10,000 on account, terms 2/15, 1/30 Nov 8: Paid for the inventory previously purchased on Nov 1. Required: In the
Nov 1: Purchased inventory costing $10,000 on account, terms 2/15, 1/30 Nov 8: Paid for the inventory previously purchased on Nov 1. Required: In the journal below, record these two transactions. Do not include symbols, decimals or cents in the numerical response Date Debit Credit 10000 Nov 1 Inventory 10000 Accounts Payable 10000 a Nov 8 Accounts Payable . 10000 Cash 10000 . Inventory
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Managerial Accounting
Authors: Ray Garrison, Eric Noreen, Peter Brewer
17th Edition
1260247783, 978-1260247787
