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Sunland Company made a purchase of merchandise on credit from Blossom Company on August 8, for $8700, terms 3/10, n/30. On August 17, Sunland makes
Sunland Company made a purchase of merchandise on credit from Blossom Company on August 8, for $8700, terms 3/10, n/30. On August 17, Sunland makes the appropriate payment to Blossom. The entry on August 17 for Sunland Company is:
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