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On May 1, a company purchased inventory costing $2,000 on account with terms 3/10,n/30. On May 8 , the company pays for this inventory -
On May 1, a company purchased inventory costing $2,000 on account with terms 3/10,n/30. On May 8 , the company pays for this inventory - what journal entry would they make to record this payment? Option 2 Option 1 Option 4 Option 3
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Financial Accounting
Authors: Jr. Belverd E. Needles, Marian Powers
9th Edition
0547070020, 978-0547070025
