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Question 11 of 31 -/1 View Policies Current Attempt in Progress Waterway Industries uses the perpetual inventory and the gross method. On March 1, it
Question 11 of 31 -/1 View Policies Current Attempt in Progress Waterway Industries uses the perpetual inventory and the gross method. On March 1, it purchased $76000 of inventory, terms 2/10, n/30. On March 3, Waterway returned goods that cost $8200. On March 9, Waterway paid the supplier. On March 9, Waterway should credit O inventory for $1356. O purchase discounts for $1356. O inventory for $1520. O purchase discounts for $1520. Save for Later Attempts: 0 of 1 used Submit
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