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Purchased 5000 merchandise at $61.90 each from Company X, terms 3/10. n/60, FOB shipping point, appropriate party also paid $2000 freight charges on that day.
Purchased 5000 merchandise at $61.90 each from Company "X", terms 3/10. n/60, FOB shipping point, appropriate party also paid $2000 freight charges on that day. using periodic system
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