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Sandhill Corporation purchases $ 1800 of merchandise on account from Enterprise Company, terms 4/10,n/30. Sandhill and Enterprise both use periodic inventory systems. Sandhill's entry record

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Sandhill Corporation purchases $ 1800 of merchandise on account from Enterprise Company, terms 4/10,n/30. Sandhill and Enterprise both use periodic inventory systems. Sandhill's entry record this transaction is: 1800 Accounts Payable Inventory 1800 Inventory 1800 Accounts Payable 1800 1800 Accounts Payable Purchases 1800 Purchases 1800 Accounts Payable 1800

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