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TVO Elkins Corporation uses the perpetual inventory and the gross method On March 1, it purchased $50,000 of inventory terms 210,n30 on March 3. Ekins

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TVO Elkins Corporation uses the perpetual inventory and the gross method On March 1, it purchased $50,000 of inventory terms 210,n30 on March 3. Ekins returned goods that cost $5,000. On March 9. Elkins pad the supplier. On March 9, Elkins should credit Purchases discount for $1.000 Merchandise inventory for $1.000 Purchases discount for 5900 Merchandise inventory for 5900 Question 9/10

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