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Ses at the net amount) Nov. 18: Purchased inventory of $3,900 on account from Rainer Corporation. Payment terms were 2/10, 1/30, FOB destination Date Accounts

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Ses at the net amount) Nov. 18: Purchased inventory of $3,900 on account from Rainer Corporation. Payment terms were 2/10, 1/30, FOB destination Date Accounts Nov. 18 Debit Credit Debit Credit Accounts Payable-Rainer Corporation Accounts PayableSwift Corporation Accounts Payable-Venice Company Nov. 20: Receive Accounts Receivable-Cabot Company Date Accounts Receivable-Graceland Corporation Cash Nov. 20 Cost of Goods Sold Delivery Expense Estimated Returns Inventory Freight in Merchandise Inventory N nad Purchase Discounts Choose from an Purchase Returns and Allowances Purchases Refunds Payable Sample Tests and Quizzes en continue to the next question 33 tv 9 . 20 F2 86 BO ES 888 F4 A & 8 9 a $ 4 # 3 7 6 5 2

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