Multiple Choice
The entry to record a purchase of $2,000 on account, terms of 2/10, n/30, would include a
A) debit to Inventory for $40.
B) credit to Accounts Payable for $2,000.
C) debit to Accounts Payable for $2,000.
D) credit to Cash for $2,000.
Correct Answer:

Verified
Correct Answer:
Verified
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