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Slinky Company purchased merchandise on June 10, 2021, at a price of $22,000, subject to credit terms of 2/10, n/30. Slinky uses the net method

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Slinky Company purchased merchandise on June 10, 2021, at a price of $22,000, subject to credit terms of 2/10, n/30. Slinky uses the net method for recording purchases and uses a perpetual inventory system. Required: 1. Prepare the journal entry to record the purchase. 2. & 3. Prepare the journal entries to record the appropriate payment if the entire invoice is paid on June 18, 2021 and July 8, 2021. Complete this question by entering your answers in the tabs below. Req 1 Req 2 and 3 Prepare the journal entries to record the appropriate payment if the entire invoice is paid is required for a transaction/event, select "No journal entry required" in the first account View transaction list View journal entry worksheet No 1 Date General Journal June 18, 2021 Accounts payable Purchase discounts lost Cash

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