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On September 12th Vander company sold merchandise in the amount of 5800. jepson Company with credit terms of 2/10 in / 30 the cost of

On September 12th Vander company sold merchandise in the amount of 5800. jepson Company with credit terms of 2/10 in / 30 the cost of the items sold as 4000 Jepsen uses the periodic inventory system and the gross method of accounting for purchases Jepsen pays the invoice on September 18th and take the appropriate discount.

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