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On May 1 Ehrmantraut Co. purchases $25,000 with terms of 2/10n30. Using the gross price method what is the correct journal entry to record the

On May 1 Ehrmantraut Co. purchases $25,000 with terms of 2/10n30. Using the gross price method what is the correct journal entry to record the purchase on May 1? a) debit to inventory and credit to ...

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