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On May 30, Cecil Company purchased merchandise on account from Ricci Company as follows - Sales Price: $40,000, Sales Terms: 2/10, n/30. The Journal Entries
On May 30, Cecil Company purchased merchandise on account from Ricci Company as follows - Sales Price: $40,000, Sales Terms: 2/10, n/30. The Journal Entries of Cecil Company will show which of the following for the May 30 Purchase?
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