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Using a periodic inventory system, the buyer s journal entry to record the payment for merchandise within the discount period includes a: Select one: A.

Using a periodic inventory system, the buyers journal entry to record the payment for merchandise within the discount period includes a:

Select one:

A. Debit to Cost of Goods Sold

B. Credit to Purchase Discounts

C. Debit to Inventory

D. Credit to Accounts Payable

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