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Options for blanks: Inventory Cost of Goods Sold Accounts Payable Cash Return Expense Under the perpetual inventory system, you buy $1,000 of merchandise under the
Options for blanks:
Inventory
Cost of Goods Sold
Accounts Payable
Cash
Return Expense
Under the perpetual inventory system, you buy $1,000 of merchandise under the terms 2/10, n/30. You return $250 of the merchandise for credit. The entry for the return is: 250 250Step by Step Solution
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