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on december 1 istanbul company purchased inventory on account with a cost of 5000 dollars. the credit terms were 2/10, net 60. on december 2,

on december 1 istanbul company purchased inventory on account with a cost of 5000 dollars. the credit terms were 2/10, net 60. on december 2, istanbul returned 50 percent of the inventory. istanbul uses the periodic inventory system. on december 8, istanbul paid for the inventory. what journal entry did istanbul company prepare on december 8 ?

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