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Travis Company purchased merchandise on account from a supplier for $ 7 , 8 0 0 , terms 2 / 1 0 , net 3

Travis Company purchased merchandise on account from a supplier for $

7, 800,

terms

2 / 10,

net

30 .

Travis Company paid for the merchandise within the discount period.

Under a perpetual inventory system, record the journal entries required for the above transactions. If an amount box does not require an entry, leave it blank.

.

.

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