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Windsor Co. records purchases at gross amounts. On April 5 Windsor purchased merchandise on account, $80,000, terms 4/10, n/30. On April 5, how much will
Windsor Co. records purchases at gross amounts. On April 5 Windsor purchased merchandise on account, $80,000, terms 4/10, n/30. On April 5, how much will be recorded for the transaction?
a. $32,000.
b. $112,000.
c. $80,000.
d. $48,000
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