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PLEASE DO NOT USE HANDWRIITING Q3. Ahmed Co. records purchase discounts lost (net method) and uses perpetual inventories. Prepare journal entries in general journal form

PLEASE DO NOT USE HANDWRIITING

Q3. Ahmed Co. records purchase discounts lost (net method) and uses perpetual inventories. Prepare journal entries in general journal form for the following:

(a) Purchased merchandise costing SAR 1000 with terms 2/10, n/30.

(b) Payment was made thirty days after the purchase

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