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A Company That Uses the Perpetual Inventory System Purchased Merchandise

Question 191

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A company that uses the perpetual inventory system purchased merchandise inventory at a cost of $4,300 with credit terms 3/15,net 45.If the company elects to pay within the discount period,what would be the appropriate journal entry to record the payment?


A) A company that uses the perpetual inventory system purchased merchandise inventory at a cost of $4,300 with credit terms 3/15,net 45.If the company elects to pay within the discount period,what would be the appropriate journal entry to record the payment? A) B) C) D) E)
B) A company that uses the perpetual inventory system purchased merchandise inventory at a cost of $4,300 with credit terms 3/15,net 45.If the company elects to pay within the discount period,what would be the appropriate journal entry to record the payment? A) B) C) D) E)
C) A company that uses the perpetual inventory system purchased merchandise inventory at a cost of $4,300 with credit terms 3/15,net 45.If the company elects to pay within the discount period,what would be the appropriate journal entry to record the payment? A) B) C) D) E)
D) A company that uses the perpetual inventory system purchased merchandise inventory at a cost of $4,300 with credit terms 3/15,net 45.If the company elects to pay within the discount period,what would be the appropriate journal entry to record the payment? A) B) C) D) E)
E) A company that uses the perpetual inventory system purchased merchandise inventory at a cost of $4,300 with credit terms 3/15,net 45.If the company elects to pay within the discount period,what would be the appropriate journal entry to record the payment? A) B) C) D) E)

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