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X Your answer is incorrect. Oriole Corporation purchases $2500 of merchandise on account from Enterprise Company, terms 4/10, 1/30. Oriole and Enterprise both use periodic

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X Your answer is incorrect. Oriole Corporation purchases $2500 of merchandise on account from Enterprise Company, terms 4/10, 1/30. Oriole and Enterprise both use periodic inventory systems. Enterprise's entry record this transaction is: Accounts Receivable 2500 Sales Revenue 2500 Accounts Receivable 2500 Purchases 2500 Accounts Payable 2500 Purchases 2500 2500 Inventory Accounts Payable 2500

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