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Question 1 1 2 pts ABC Co . purchases merchandise for resale from GHI, Inc. on account. The merchandise costs $ 1 0 , 0

Question 11
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ABC Co. purchases merchandise for resale from GHI, Inc. on account. The merchandise costs $10,000. The terms are: 210,n30. What account should be credited in the journal entry?
Accounts payable
Accounts receivable
Sales Revenues
Inventory
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