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Travis Company purchased merchandise on account from a supplier for $7,000, terms 2/10, net 30 . Travis Company paid for the merchandise within the discount

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Travis Company purchased merchandise on account from a supplier for $7,000, terms 2/10, net 30 . Travis Company paid for the merchandise within the discount period. Under a perpetual inventory system, journalize the entries required for these transactions. If an amount box does not require an entry, leave it blank

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