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What would be the journal entry for the following transactions (include account, amount, debit or credit): Apr 8 Purchased merchandise of 6,000 yo-yos at $2.00
What would be the journal entry for the following transactions (include account, amount, debit or credit):
Apr 8 Purchased merchandise of 6,000 yo-yos at $2.00 per yo-yo on account, terms 1/10, n/30.
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