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Gestion 4 Not yout answered Elliott Co purchased inventory for $4.000 from Blue Inc. The credit terms are 1/10, 1/30. Assuming Elliot pays within the discount period what will be the discount on the purchase of this inventory? Puir is out of 2 Prag question Select one: O a $10 Ob $80 Oc $40 Od $3960 Clestir 5 Elliott Co purchased 54,000 of merchandise inventory from Blue Inc. The credit terms are 2/10, 1/60. What is the journal entry to record Elliot's payment cash payment ta Blue Inc. if the payment is made within the discount period? Not vat anware Puiris out of 2 5 Flag question Select one: O a. Dr. Accounts Payable $4.000. Cr. Cash 54,000 Dr. Accounts Payable $4,000. Gr. Cash S3,920. Cr. Inventory $80 Dr. Inventory S4,000. Cr. Accounts Payable $4.000 Od Dr. Cash $4,000. Cr. Accounts payable $3920. Cr. Inventory $80 For a company using the perpetual inventory system sales discounts are a Cuer 6 Not yet answarad Points out of 2 Flag question Select ane: O a. Contra revenue account for the seller O . Contra liability account for the buyer Oc Contra revenue account for the buyer Od An increase in the cost of the buyer's inventory