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Silver Resorts had purchased $24,000 of inventory on account on July 7, 2021. One-quarter of it was very slightly damaged. On July 10 th ,

Silver Resorts had purchased $24,000 of inventory on account on July 7, 2021. One-quarter of it was very slightly damaged. On July 10^th, their supplier allowed them a 5% allowance on the purchase price of those damaged items.

What journal entry would Silver Resorts have made July 10, 2021?

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